1208 Elm Avenue E, Waseca, MN 56093

$650,000 Asking Price

3 beds
2 baths
2,395  sqft
Built in 1946

3 bed home + 5 unit extended stay motel + 2.7 acres + lake views = ENDLESS POSSIBILITIES! Opportunity knocks! Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business with month to month stays with many regular and seasonal clients. Motel has remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each room…all nestled in a private tree lined setting. 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. Plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. Small investment = BIG rewards…let the business cover your mortgage. 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! Call today for more information!

Features & Amenities

Interior

Rooms:
Living Room, Dining Room, Kitchen, Foyer, Bedroom 1, Bathroom, Bedroom 2, Bedroom 3, Office, Walk In Closet
Master Bath:
Main Floor Full Bath,Upper Level Full Bath
Appliances:
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
Dining:
Eat In Kitchen,Separate/Formal Dining Room
Basement:
Block, Drainage System, Sump Pump, Unfinished
A/C:
Central Air
Heating:
Forced Air
Fireplace:
Gas, Living Room, Fireplace, Fireplaces: 1

Exterior

Parking:
Detached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Parking Lot, Paved, RV Access/Parking

Construction

Roofing:
Age 8 Years or Less
General:
One and One Half

Location

Road/Access:
County Road, Paved Streets, Sidewalks, Street Lights, Storm Sewer
HOA Amenities:
0.0
Originating MLS:
northstar
School District:
Waseca
County:
Waseca

Lot

Zoning:
171230070
View:
Lake
Fencing:
None

Utilities

Utilities:
Circuit Breakers
Water:
City Water/Connected
Sewer:
City Sewer/Connected

Financial

Source:
northstar

This listing courtesy of:
Re/Max Advantage Plus

About Waseca, MN

Housing

Number of Units
5,564
Median Home Value
$170,183
Median Rent
$702

25.50% of housing units are renter occupied.

5.10% are vacant.

Commute

Car
88.94%
Public Transportation
0.01%
Walk to Work
3.01%
Work from Home
5.10%
Other
2.52%

The median travel time to work is 21 minutes.

People

Population
12,547
Median Age
39.40
Median Household Size
2.69

Education

High School
38.79%
Associate’s Degree
12.46%
Bachelor’s Degree
15.35%
Graduate Degree
5.49%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: