My notes for this property


Add listing to my favorites (required)
Active NEW!
$2,100,000
/mo Edit
Commercial:  2 Stories
Built 1997
1.26 acres
Yellow Medicine East schools
MLS# 6682091
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Discover the Granite Falls Motel—a 60-room, two-story hotel offering a fantastic opportunity for an owner-operator to step into a well-established business with room to grow. Perfectly located on US Highway 212 in western Minnesota, this high-visibility site offers easy access for both regional guests and cross-country travelers. Nestled on the west side of Granite Falls' Hwy Business District and just minutes from the vibrant Downtown area on the Minnesota River, the motel is in the heart of a lively community. Granite Falls is the county seat of Yellow Medicine County and a hub for both industry and tourism in the scenic Southwestern Minnesota River Valley—near Lac Qui Parle Lake, a state park, and exceptional hunting grounds. Freshly Renovated - Featuring updated rooms, stylish finishes, new heating systems, and resurfaced parking. On-Site Manager’s Apartment - A spacious 2-bedroom unit for convenience and cost-saving oversight. - Appealing Guest Amenities - Includes coin laundry, ice machine, breakfast bar, and a welcoming lobby/meeting space. Additional parking lot on west for oversized vehicles and overflow parking.

    Listing

    Contingency: None
    City: Granite Falls
    County: Yellow Medicine
    State: MN
    Property Style: 2 Stories
    Zip Code: 56241
    Subdivision Name: Pillsburys 2nd Add

    Interior

    Ceiling Height: Varied Heights
    Ranges: One
    Refrigerators: One
    Appliances Included:
    • Gas Water Heater
    • Microwave
    • Refrigerator
    • Water Softener Owned
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 20
    Air Conditioning: Central Air, Wall Unit(s)
    Foundation Size: 20,940 ft2
    Foundation Dimensions: 146x54, 116x50, 40x54, 67x98
    Handicap Accessible: Doors 36"+, Fully Wheelchair, Grab Bars In Bathroom, Hallways 42"+
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Asphalt
    • Guest Parking
    • Open
    • Parking Lot
    • Paved
    • Unassigned
    Shared Amenities:
    • Coin-op Laundry Owned
    • Common Garden
    • Sauna
    • Security
    Unit Amenities:
    • Indoor Sprinklers
    • Intercom System
    • Security Lights
    • Security System
    Road Frontage:
    • Highway
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Brick/Stone
    Roof Details:
    • Age 8 Years or Less
    • Age Over 8 Years
    • Asphalt
    • Flat
    • Rubber

    Rooms

    Shared Rooms: Business Center

    Lot & Land

    Acres: 1.26
    Geolocation: 44.8060945247, -95.5507194816
    Inclusions: Building, Business, Fixture/Equipment
    Lot Dimensions: 200 x 280
    Addl Parcels: 344004701
    Zoning: Business/Commercial
    Lot Description:
    • Cleared
    • Some Trees
    • Underground Utilities

    Farm

    Topography: Flood Plain, Level

    Schools

    School District: 2190
    District Phone: 320-564-4081

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $30,475
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $60,374

    Units

    Total Units: 60

    Miscellaneous

    Current Use: Hotel/Motel
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Listing provided by RMLS, courtesy of Fazendin REALTORS.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.