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2007 US-71 - Jackson Inn Hotel 6.17 Acres of Commercial Land Offered at $1,867,576 CAD in Jackson, MN 56143

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INVESTMENT HIGHLIGHTS

Prime Redevelopment Land
Motivated Seller!

High Traffic and Visibility Location

EXECUTIVE SUMMARY

No petroleum products can be sold on this site.

2007 Hwy 71 N -- Map

2007 Hwy 71 N -- Zoning Map

2007 Hwy 71 N -- Fire Safety Invoice

2007 Hwy 71 N -- Roof Invoice

2007 Hwy 71 N -- Old Apprasial

2007 Hwy 71 N - Hotel Statistics

2007 Hwy 71 N - Tax Information

PROPERTY FACTS

Price	$1,867,576 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Hospitality Daycare Centre Fast Food Hotel Medical Restaurant Strip Centre
Sale Conditions	Distress Sale Deferred Maintenance High Vacancy Property Redevelopment Project	Total Lot Size	6.17 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	Service Industry - The zoning allows a variety of uses on this site. Six plus acres of prime redevelopment land.

Price	$1,867,576 CAD
Sale Type	Investment
Sale Conditions	Distress Sale Deferred Maintenance High Vacancy Property Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Hospitality Daycare Centre Fast Food Hotel Medical Restaurant Strip Centre
Total Lot Size	6.17 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Service Industry - The zoning allows a variety of uses on this site. Six plus acres of prime redevelopment land.

1 LOT AVAILABLE

Lot 1

Price	$1,867,576 CAD	Lot Size	6.17 AC
Price Per AC	$302,686.62 CAD

Price	$1,867,576 CAD
Price Per AC	$302,686.62 CAD
Lot Size	6.17 AC

6.17 acres of PRIME REDEVELOPEMENT LAND. Zoned Service Industry. Situated in the NW section of the Interstate 90 and State Hwy. #71 interchange. All utilities on site. Adjacent to Casey's Good Stop , KOA camp ground, Super 8 by Wyndham, near airport.

DESCRIPTION

The Jackson Inn Hotel, Bar/Restaurant and Event Center is located at the junction of U.S. Hwy 71 and I-90 in Jackson, MN. The sale includes 40 keys, a restaurant space with a commercial kitchen, a bar, banquet rooms, an indoor swimming pool with cathedral ceilings, sauna, and a second level owner/managers suite. The facility has a new roof and new fire safety system. Some recent remodeling and updates have been completed. Approx. 10 guest rooms are available for reservations/stays. The bar is open and pool leagues are in play. The service industry zoning allows a variety of uses on this site. Six plus acres of prime redevelopment land if the current improvement is removed. There are somewhere around three acres of available land for development if the hotel remains in place. Coffee Shop, Nail Salon, Medical/Urgent Care, Retail, Professional Services, Groceries, Car wash, Quick Serve Food, Restaurant, ect. Space within the hotel could certainly be repurposed for a variety of other uses.

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