For Sale: Starbuck MLS# 7061425
Active
$774,900
Commercial: 2 Stories
Built 1988
0.52 acres
Minnewaska schools
MLS# 7061425
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Property Description
RARE TURN-KEY RESORT INVESTMENT: PROFITABLE 22-UNIT MOTEL BLOCKS FROM LAKE MINNEWASKA! Seize this incredible opportunity to own a high-income, 22-unit turn-key motel located in the heart of Starbuck, a premier resort destination. This property provides a consistent stream of revenue, operating at full capacity during the peak summer season, and attracting sportsmen and vacationers year-round and health care providers. The motel units—including 11 suites, 10 doubles, and 1 handicap room—have undergone numerous recent improvements from top to bottom. A spacious, estimated 1600 sq ft Owner's Living Quarters is attached, offering the perfect owner-occupied setup or another potential rental unit. This comfortable, single-family home-style space features four bedrooms, two baths, a family room with a cozy fireplace, an open floor plan with a breakfast bar, and a separate dining area. The location is unbeatable. Lake Minnewaska is just a stone's throw away, and this "little gold mine" is situated within blocks of the Starbuck Beach. Guests and owners alike will appreciate the superb walkability, with bars, restaurants, and a grocery store all within easy reach. This is a wonderful business opportunity with incredible income potential. The Seller is willing to share financial information (Profit & Loss). Financials are available to prospective buyers who sign a Confidentiality and Non-Disclosure Agreement and provide proof of pre-approval or funds. Don't miss this exceptional chance for a stable, high-performing investment in a coveted resort area!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$774,900
Property Type:
Commercial
City:
Starbuck
Garage Spaces:
2
County:
Pope
Year Built:
1988
State:
MN
Property Style:
2 Stories
Zip Code:
56381
Subdivision Name:
Starbuck City
Interior
Appliances Included:
- Dishwasher
- Dryer
- Freezer
- Microwave
- Range
- Refrigerator
- Washer
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
960 ft2
Air Conditioning:
Central Air, Ductless Mini-Split, Window Unit(s)
Foundation Size:
5,592 ft2
Fencing:
Split Rail
Handicap Accessible:
Doors 36"+, Grab Bars In Bathroom, Partially Wheelchair
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Covered
- Garage Door Opener
- Parking Lot
- Tuckunder Garage
Unit Amenities:
- Ceiling Fan(s)
- Deck
- Kitchen Center Island
- Kitchen Window
- Patio
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Curbs
- Highway
- Paved Streets
- Sidewalks
Exterior Material:
Frame
Roof Details:
Asphalt
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.52
Geolocation:
45.613706, -95.531625
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Land
Lot Dimensions:
150X150
Zoning:
Business/Commercial
Schools
School District:
2149
District Phone:
3202394820
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$8,432
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,432
Units
Total Units:
22
Miscellaneous
Current Use:
Hotel/Motel
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
- Heating Common
- Heating Separate
- Hot Water Common
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.