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Active
$425,000
/mo Edit
Commercial:  Business Opportunity
Built 2000
0.34 acres
Glenwood City schools
MLS# 6443004
My rating:
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    Property Description

    Opportunity Awaits! Trailhead Inn is open year-round and is located in the heart of Preston along the state bike trail, near the Root River. Offering a total of 11 modern rooms with 6 standard double queen, 4 standard single queen and 1 King jacuzzi suite. Onsite ice cream, snack, coffee shop for added income and a place to gather. Nice clean and updated rooms with excellent parking out the front door. Guests come to enjoy the beautiful outdoors, biking, fishing, canoeing, hiking, kayaking and golfing. A great place for people to stay when in town for a wedding or visiting a loved one at the VA Hospital. The same owners have successfully run the business since 1995. Great opportunity to own an established turn-key and profitable business!

    Listing

    Contingency: None
    City: Preston
    County: Fillmore
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55965
    Subdivision Name: Barbara Kaerchers Add

    Interior

    Ranges: None
    Refrigerators: One Per Unit
    Appliances Included:
    • Microwave
    • Refrigerator
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Ductless Mini-Split
    Foundation Size: 6,056 ft2
    Handicap Accessible: No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System: Ductless Mini-Split
    Parking Features: Paved
    Shared Amenities: Deck
    Unit Amenities:
    • Cable
    • Ceiling Fan(s)
    • Deck
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Log Siding
    Roof Details:
    • Age 8 Years or Less
    • Metal
    • Pitched

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.34
    Geolocation: 43.67091500, -92.07897400
    Inclusions: Building, Fixture/Equipment, Other
    Lot Dimensions: 62.5 x 240
    Zoning: Business/Commercial
    Lot Description: Property Adjoins Public Land

    Farm

    Topography: Level

    Schools

    School District: 2198
    District Phone: 507-765-3843

    Expenses

    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,088
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,088

    Units

    Total Units: 11

    Miscellaneous

    Current Use: Hotel/Motel
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Separate
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Elcor Realty of Rochester Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.