PROPERTY NAME: Former board & lodging facility, 341 4th St. N., Watkins, MN
TYPE: Residential Care facility        
YEARS IN BUSINESS:  >20; currently vacant
LAND AREA: 100 x 125                 
SIZE OF BUILDING:  4,833 SF livable area, 384 SF tuck under + 440 SF detached garages
TYPE OF BUILDING: Stucco/frame 2-story + concrete block 1-story; 12 bedrooms and 5 multiple fixture baths. Also one bedroom apartment with ¾ bath formerly used by resident manager.
AGE: 1920 (house), 1960 (block building), 1979 (house addition)
UTILITIES: Municipal             
HEATING: 2 gas-fired hot water boilers <10 years old  
AIR CONDITIONING:  Window Units
LIVING QUARTERS:  For resident manager    
FEATURES: New fire alarm system. All furniture, fixtures, and equipment included.
REAL ESTATE TAXES: $3,922 (2008)

PRICE: $160,000          TERMS:  Negotiable. Owner wants this SOLD!

REMARKS: This facility had been used as a residential care facility since about 1960, first as a nursing home and most recently as a board and lodging facility until out-of-town owners closed it. It needs some work, but this is an ideal property for a group home or other licensed residential facility serving up to 16 persons, and the price is right! An active owner-manager has the option of living on-site or getting additional rent from the manager’s apartment.

  
CALL GARY TODAY FOR A PERSONAL SHOWING
(320) 251-1177 or (320) 492 - 7599

Or Contact us via Email at  Coldwell Banker Commercial-Orion

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.