Minnesota / Melrose / 56352 / 231 County Road 173

231 County Road 173

Q: What is the asking price for 231 County Road 173 in Melrose?

The asking price for 231 County Road 173 is $900,000

Q: What is the building size of this Specialty property in Melrose, MN?

The size of the building/unit at 231 County Road 173 in Melrose is 10,024 square feet.

Q: How much land does the Melrose, MN property at 231 County Road 173 include?

231 County Road 173 in Melrose includes 1.380 acres of land.

Q: What kind of Specialty is the propery at 231 County Road 173?

The property at 231 County Road 173 Melrose, MN 56352 is listed as a Hotel/Motel/Resort Specialty property.

Q: What is the population within 1 mile of 231 County Road 173?

The population within 1 mile of 231 County Road 173 Melrose, MN 56352 is 1,319 people.

Q: Who do I contact for questions about 231 County Road 173?

You should contact the listing agent, Dale Zomer, for any details regarding this commercial listing.

Melrose, MN 56352

No Longer Listed

231 County Road 173 | for Sale | Thumbnail 1

231 County Road 173 | for Sale | Thumbnail 2

231 County Road 173 | for Sale | Thumbnail 3

231 County Road 173 | for Sale | Thumbnail 4

231 County Road 173 | for Sale | Thumbnail 5

231 County Road 173 | for Sale | Thumbnail 6

231 County Road 173 | for Sale | Thumbnail 7

Price

$ /mo

Property Highlights

Year Built 1983

Price per Room: $36,000

ADR: $92.76 - STR - Trailing 12 months

REV PAR: $36.88

GRM: 2.93 XLs - 3 year average

2022 Revenue: $322,500

2022 Real Estate Taxes: $3,427

# of Rooms: 25

Hotel Occupancy: 39.87%

Year Built: 1983

Year Renovated: 2017

Franchise: 4 years remaining

Attachments & Files

super-8---melrose-mn-2023-listing-BVQ-Il1.pdf

Listing Demographics for 231 County Road 173 Melrose, MN 56352

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		1,319	2,773	4,947
Population Median Age		37	40	40
Population by Age	0-9 Yrs	157 (11%)	323 (11%)	650 (13%)
	10-19 Yrs	169 (12%)	311 (11%)	598 (12%)
	20-29 Yrs	217 (16%)	378 (13%)	595 (12%)
	30-39 Yrs	159 (12%)	323 (11%)	599 (12%)
	40-49 Yrs	223 (16%)	349 (12%)	549 (11%)
	50-59 Yrs	144 (10%)	382 (13%)	655 (13%)
	60-69 Yrs	208 (15%)	437 (15%)	719 (14%)
	70+ Yrs	43 (3%)	271 (9%)	582 (11%)

Median HH Income		$58,478	$58,039	$60,025
Total Household Income	< 24K	98 (19%)	249 (21%)	374 (18%)
	25-49K	125 (24%)	250 (21%)	432 (21%)
	50-74K	60 (11%)	169 (14%)	338 (17%)
	75-99K	72 (14%)	140 (12%)	258 (13%)
	100-199K	159 (30%)	333 (29%)	540 (27%)
	200K+	0 (0%)	6 (0%)	27 (1%)

Highest Education Level	No Diploma	148	317	462
	Diploma or GED	312	761	1387
	Some College	291	463	716
	Assoc. Degree	69	177	367
	Bachelors Degree	53	182	363
	Higher Degree	41	94	150

Total Housing Units		519	1,217	2,152
--Owner-Occupied		423	930	1,607
--Renter-Occupied		90	217	363
Owner-Occupied Values	< 100K	214	379	486
	100-199K	135	310	574
	200-299K	64	134	273
	300-399K	8	79	186
	400-499K	0	4	17
	500K+	2	24	72

Total Working Age Population		1,057	2,259	3,928
In Work Force		745	1,567	2,739
Not In Work Force		312	692	1,189
Workforce Employed		737	1,531	2,682
Workforce Unemployed		8	37	57
Civlian Workforce		745	1,567	2,739
Military Workforce		0	0	0

Total Households		513	1,147	1,969
Family Households		340	752	1,337
Non-Family Households		173	395	632
Married Couple		289	677	1,218
Other Family		51	75	119
Married w/Child		139	260	474
Single Male w/Child		18	19	24
Single Female w/Child		19	24	41

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Minnesota	4,919,479	+8	5,303,925	+7	5,687,161	+5	5,974,304
Stearns County	133,166	+13	150,642	+3	155,587	+2	158,501

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 231 County Road 173 in Melrose?

The asking price for 231 County Road 173 is $900,000

What is the building size of this Specialty property in Melrose, MN?

The size of the building/unit at 231 County Road 173 in Melrose is 10,024 square feet

How much land does the Melrose, MN property at 231 County Road 173 include?

231 County Road 173 in Melrose includes 1.380 acres of land

What kind of Specialty is the propery at 231 County Road 173?

The property at 231 County Road 173 Melrose, MN 56352 is listed as a Hotel/Motel/Resort Specialty property

What is the population within 1 mile of 231 County Road 173 in Melrose?

The population within 1 mile of 231 County Road 173 Melrose, MN 56352 is 1,319 people.

Who do I contact for questions about 231 County Road 173?

You should contact the listing agent, Dale Zomer, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
3277 Quimby Avenue Southwest, Cokato, MN	CALL	5000	47
3428 County Road 101, Minnetonka, MN	$95,000	4671	-
110650 Village Road, Chaska, MN	$800,000	11365	0.27
6565 Oakley Drive Northeast, Fridley, MN	CALL	5494	1.08
2519 North Lyndale Avenue, Minneapolis, MN	CALL	34299	1.24
2507 Fremont Avenue North, Minneapolis, MN	$2,898,000	17820	0.36
811 Lasalle Avenue, Minneapolis, MN	CALL	-	1
1459 Jefferson Avenue, Saint Paul, MN	$375,000	4323	0.11
14300 Ewing Avenue South, Burnsville, MN	$1,350,000	13500	1.45
5532 Hanrehan Lake Boulevard, Savage, MN	$894,000	3500	7.96

Closest Commercial Airports

Airport	Distance (mi)
Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP)	94
Duluth International Airport (DLH)	149
Range Regional Airport (HIB)	151