1208 E Elm Avenue, Waseca, MN

$469,000

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2.70

Acres

About 1208 E Elm Avenue

DRASTIC PRICE DROP! Seller has slashed to rock-bottom pricing on this rare turn-key 5 unit short term rental property plus single family home. NOW PRICED FOR IMMEDIATE SALE! FAST CLOSING! Whether you're an investor looking to capitalize on the growing tourism market or a family seeking a lifestyle change, this property offers a rare opportunity to blend business with pleasure. Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business nestled in a serene setting offering both comfort and potential for growth. 3 bed home + 5 short term rental units + 2.7 acres + lake views = ENDLESS POSSIBILITIES! The charming home provides a cozy retreat for residents or a manager's quarters, while the 5-unit short term rental caters to a steady flow of guests who appreciate the tranquility and beauty of the area. Rentals have remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each room. The charming main home features curved archways, stacked stone fireplace, updated kitchen & baths, hardwood floors, built in hutches and an oversized heated 2 car garage. Imagine the possibilities: expand the lodging options, create outdoor recreational spaces, or develop a community hub that draws visitors year-round. There is plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. With its established clientele and prime location, Lodging at Lake Aire is ready to continue its success story with your vision and passion. Located in the quaint small town of Waseca near numerous lakes, camping and bike paths. This property is meticulously maintained and ready for operation from day one! Don't miss the chance to turn this opportunity into your dream!

Features of 1208 E Elm Avenue

MLS® # 6562908
Price $469,000
Bathrooms 0.00
Acres 2.70
Year Built 1960
Type Commercial Sale
Sub-Type Other
Style Other
Status Active

Community Information

Address 1208 E Elm Avenue
City Waseca
County Waseca
State MN
Zip Code 56093

Amenities

Amenities Coin-op Laundry Owned
# of Garages 2
Garages Concrete, Paved, Open
View Lake
Is Waterfront No
Waterfront Lake View
Has Pool No

Interior

Appliances Cooktop, Gas Water Heater, Microwave, Range, Refrigerator
Heating Boiler, Hot Water
Cooling Wall Unit(s)
Fireplace No

Exterior

Lot Description Many Trees
Roof Age 8 Years or Less
Construction Wood Siding

School Information

District Waseca

Additional Information

Days on Market 458
Zoning Business/Commercial,Residential-Single Family
Foreclosure No
Short Sale No

Listing Details

OfficeRe/Max Advantage Plus

Listing Map

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