$800,250
$915,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
0.69 Acres Lot
SOLD DATE : 05/24/2022
Key Details
Sold Price $800,250
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Valhalla Sub
MLS Listing ID 6010812
Sold Date 05/24/22
Year Built 1978
Annual Tax Amount $5,409
Tax Year 2020
Contingent None
Lot Size 0.690 Acres
Acres 0.69
Property Description
Your next business venture awaits at Pelican Cove & Lake Shetek Lodge located in Southwest Minnesota! Known as one of the favorite go-to spots out on the Island! This property has it all - a bar/restaurant, a motel with so much room for outside summer recreation, a newly renovated owners suite, (9) single queen rooms, (4) double bed rooms, (6) three bed motel rooms, and a honeymoon suite! It also has opportunity for 13 boat slips on the new 2020 Voyager dock! Not only does this sale include the Cove & Lodge, it also has 10 campsites available to rent - thats THREE turn-key businesses right here in the heart of Southwest Minnesota with over 40 parking spaces plus additional grass parking! Don't forget - this property comes with over 450 feet of PRIME low-bank sandy lake shore!
Location
State MN
County Murray
Zoning Business/Commercial
Body of Water Shetek
Interior
Heating Baseboard, Forced Air, Fireplace(s)
Cooling Central Air, Wall Unit(s), Window Unit(s)
Fireplace No
Exterior
Garage Detached, Paved
Garage Spaces 1.0
Utilities Available Electric Separate, Heating Separate
Waterfront true
Waterfront Description Lake Front
View Lake, Panoramic
Roof Type Asphalt,Metal
Present Use Event Space,Food Service,Hotel/Motel,Restaurant,Resort,Bar/Tavern
Parking Type Detached, Paved
Building
Lot Description Irregular Lot, Tree Coverage - Light
Story Three Or More
Foundation 2310
Sewer City Sewer/Connected
Water Well
Level or Stories Three Or More
Structure Type Fiber Board,Metal Siding,Shake Siding,Vinyl Siding,Wood Siding
Schools
School District Murray County Central
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