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1060 Highway 32 S
Thief River Falls, MN 56701
Quality Inn Thief River Falls · Hospitality Property For Sale · 71,328 SF
PROPERTY FACTS
Property Type | Hospitality | Building Size | 71,328 SF |
Property Subtype | Hotel | No. Stories | 2 |
Building Class | C | Year Built | 1975 |
Lot Size | 5.97 AC | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 5.97 AC |
Building Size | 71,328 SF |
No. Stories | 2 |
Year Built | 1975 |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Bar
- Meeting Event Space
About 1060 Highway 32 S , Thief River Falls, MN 56701
Please do not disturb the hotel guests or employees. Please contact the listing broker with any inquires. Property tours are available by appointment ONLY. Please contact the listing broker to schedule. Investment Highlights Interior Corridor - (Built 1975) Full Service Restaurant & Bar On Site All PIP Completed by Current Owner Large DigiKey Campus in Proximity Investment Overview Quality Inn Thief River Falls is a hotel comprised of one two-story building with 75 rooms and is a full service hotel located in Thief River Falls, MN. Conveniently located off Highway 32 South, the hotel is near other local sites, activities, and attraction. The property features many amenities including a bar opened in June 2014 as Sundance Dining as well as four outdoor sand volleyball courts, indoor pool and whirlpool, a fitness room, a two-computer lobby workstation, a vending area, and a pool table. The offering is an excellent opportunity to take advantage of a value add property in a growing market. Given growing market conditions like the expansion of Digi-Key Electronics, with a government partnership, and addition of a 1,000 new jobs and a million square foot building will allow for a Given growing market conditions like the expansion of Digi-Key Electronics, with a government partnership, and addition of a 1,000 new jobs and a million square foot building will allow for a thriving economy. Approximately $2 billion over 10 years will provide economic growth for the state. With this hotel strategically located it will continue generate growing revenues over time.
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PROPERTY TAXES
Parcel Number | R-25.04900510 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,707,400 |
PROPERTY TAXES
zoning
Zoning Code | 233 |
233 |
Learn More About Investing in Hospitality Properties
Listing ID: 12016341
Date on Market: 3/22/2018
Last Updated:
Address: 1060 Highway 32 S, Thief River Falls, MN 56701