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MLS # 20-28258 - $589,900

700 Park N Avenue - Park Rapids, MN 56470

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Property Description

$589,900  |  MLS # 20-28258  |  700 Park N Avenue - Park Rapids, MN 56470

WELCOME TO RIVERSIDE POINT RESORT/MOTEL. THIS BEAUTIFUL PROPERTY IS WELL MAINTAINED AND SITS IN THE HEART OF TOWN CENTER ON FISHHOOK RIVER. IT FEATURES 9 INCOME PRODUCING UNITS AND A 4 BEDROOM OWNER'S RESIDENCE. 8 OF THE UNITS ARE ABLE TO BE RENTED ON A YEAR ROUND BASIS. THE CONVENIENCE OF THIS PROPERTY ATTRACTS SHORT STAY PATRONS AND PROVIDES THE IDEAL ALTERNATIVE TO TRADITIONAL IN-TOWN HOTEL OPTIONS. IT HAS ALSO BEEN AN 'UP NORTH' VACATION DESTINATION FOR DECADES CATERING TO VISITING AUDIENCES ALL SEASONS OF THE YEAR. RIVERSIDE POINT IS BEING SOLD COMPLETELY 'TURN-KEY'. FURNISHINGS, DISHWARE, LINENS, BOATS AND EVEN THE RESORT TRUCK ARE ALL INCLUDED. SITS ON A GORGEOUS PENINSULA SETTING WITH LEVEL ELEVATION, PANORAMIC VIEWS, EASY ACCESS TO FISH HOOK LAKE AND THE HEARTLAND TRAIL.

Property Details

$589,900  |  MLS # 20-28258  |  700 Park N Avenue - Park Rapids, MN 56470

Class: Commercial
Acres: 0.41
Waterfront Name: Lake
Garage Stalls: 12.00
Courtesy Listing: Affinity Real Estate Inc


Additional Details

County Name: Hubbard
Body of Water Name:
Year Built: 1932
Tax Year: 2019
Taxes: $2,615

Approximate Location

$589,900  |  MLS # 20-28258  |  700 Park N Avenue - Park Rapids, MN 56470

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$589,900  |  MLS # 20-28258  | 

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