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MLS # 5293693 - $589,900

700 Park Avenue N - Park Rapids, MN 56470 - Fishhook River

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Property Description

$589,900  |  MLS # 5293693  |  700 Park Avenue N - 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 # 5293693  |  700 Park Avenue N - Park Rapids, MN 56470

Class: CMU
Acres: 0.410
Lot Size Dimensions: 120xirreg
Lot Description: Irregular Lot,Tree Coverage - Medium
Waterfront Type: River Front
Waterfront Name: Fishhook River
Waterfront Feet: 270
Waterfront View: River,East
Garage Stalls: 1
Garage Description: Detached Garage,Uncovered/Open,Driveway - Concrete
Additional Parking: 12
Exterior Type: Wood,Metal,Brick/Stone,Log Siding
Fuel Type: Natural Gas,Oil,Electric,Wood
Heating Description: Forced Air,Radiant,Dual Fuel/Off Peak,Fireplace
Sewer: City Sewer/Connected
Water: City Water/Connected
Handicap Access: None
Courtesy Listing: Affinity Real Estate Inc

Additional Details

County Name: Hubbard
Tax Year: 2019
Taxes: $2,615
Body of Water Name: Fishhook River
Zoning: Other
Year Built: 1932
School District: 309 - Park Rapids
School District Phone: 218-237-6500
Lender Owned: No

Approximate Location

$589,900  |  MLS # 5293693  |  700 Park Avenue N - Park Rapids, MN 56470

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$589,900  |  MLS # 5293693  | 

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