$589,900

700 Park Avenue N

Park Rapids MN, 56470

Description

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.

Details

MLS#5293693
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1932
Days On Site443

Features

Market Activity 56470

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Area Information
StateMN
CountyHubbard
CityPark Rapids
Zip Code56470
Listing VS Median (in 56470)
Price:
$589,900
low | high
Med:
$117,250
100% of Average
On Site:
443
low | high
Med:
510
86.862745098039% of Average
Listing Updated: November 24, 2020 2:22:38 PM PST
Jack J Brann LogoMLS Number: 5293693
Listing Provided By:
Jack J Brann  of  Affinity Real Estate Inc.

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