MLS 5631286 : Walker MN : 1.300 ac
WALKER, MN HOTEL OPPORTUNITY. Located in charming Walker, Minnesota, this established, fully operational 2-story hotel features 11,716 finished sq. ft. & is located on the “main” street in a very high traffic location & close to many bars, restaurants & local retail shops. This independently owned 35-room hotel features spacious, remodeled rooms & also includes a remodeled apartment for the manager/owner’s quarters. This highly visible building is a fantastic opportunity to be an owner-operator or simply a profitable investment property with a 3-year average cap rate of 13%. Walker is a thriving YEAR-ROUND tourist destination located in the heart of the Northern Lakes Area. Guests will enjoy hunting, boating, snowmobiling, ice fishing, tournament fishing, local gaming, many area festivals & events, and so much more. The building has a rare 250’ of exposure on Highway 200/371 with ample parking for boats, trailers & more! Come be a part of the winning business community in Walker!