Hospitality Business for Sale in Starbuck, MN

  • Price: $775K
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Starbuck, MN 56381
  • Size: 12,768 SF
  • Year built: 1988

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!

Market Context

This hospitality in Starbuck, MN is listed for sale at $774,900 across 12,768 SF. The building dates to 1988. It has been on the market for 41 days. Compare it against other hospitality listings for sale in Starbuck, MN — <a href="/search/sale/hospitality/minnesota/starbuck">view the full market</a>.

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