AmericInn Detroit Lakes

777 U.S. 10, Detroit Lakes, MN 56501

  • For Sale $3,295,000
  • Property Type Other
  • Property Size 24,442 SF
  • Units 45
  • Lot Size 3.39 Acre
  • Additional Rent Contact for pricing
  • Year Built 1996
  • Date Updated Nov 14, 2024
Located in the vibrant and picturesque city of Detroit Lakes, Minnesota, AmericInn offers a prime investment opportunity in one of the region's most popular tourist destinations. With 45 well-appointed rooms, this midscale hotel is perfectly situated to take advantage of the area's year-round tourism appeal. Detroit Lakes is renowned for its stunning natural beauty, featuring over 400 lakes, numerous outdoor recreational opportunities, and a lively arts and culture scene. Whether it's boating, fishing, hiking, or winter sports like skiing and snowmobiling, Detroit Lakes draws visitors throughout all four seasons. The city’s strong economy, driven by tourism, retail, and local events, ensures a steady flow of both leisure and business travelers. Known for its family-friendly atmosphere and excellent schools, Detroit Lakes is also a popular spot for events such as the annual WE Fest, a country music festival that draws thousands of visitors each year, as well as local festivals and sporting events. AmericInn benefits from its strategic location, offering easy access to downtown, shopping, dining, and local attractions like the beautiful Detroit Lakes City Park and Beach. With an indoor pool, hot tub, fitness center, and business services, the hotel is well-equipped to meet the needs of both vacationers and business professionals. Currently under absentee ownership, this property offers a unique value-add opportunity. With its strong occupancy rates and revenue potential, a more hands-on management approach can enhance performance even further, making this an attractive and secure investment for the right buyer. A confidentiality agreement is required to access financials. Invest in a property located in one of Minnesota’s most sought-after destinations—where outdoor recreation, community spirit, and economic growth intersect.Located in the vibrant and picturesque city of Detroit Lakes, Minnesota, AmericInn offers a prime investment opportunity in one of the region's most popular tourist destinations. With 45 well-appointed rooms, this midscale hotel is perfectly situated to take advantage of the area's year-round tourism appeal. Detroit Lakes is renowned for its stunning natural beauty, featuring over 400 lakes, numerous outdoor recreational opportunities, and a lively arts and culture scene. Whether it's boating, fishing, hiking, or winter sports like skiing and snowmobiling, Detroit Lakes draws visitors throughout all four seasons. The city’s strong economy, driven by tourism, retail, and local events, ensures a steady flow of both leisure and business travelers. Known for its family-friendly atmosphere and excellent schools, Detroit Lakes is also a popular spot for events such as the annual WE Fest, a country music festival that draws thousands of visitors each year, as well as local festivals and sporting events. AmericInn benefits from its strategic location, offering easy access to downtown, shopping, dining, and local attractions like the beautiful Detroit Lakes City Park and Beach. With an indoor pool, hot tub, fitness center, and business services, the hotel is well-equipped to meet the needs of both vacationers and business professionals. Currently under absentee ownership, this property offers a unique value-add opportunity. With its strong occupancy rates and revenue potential, a more hands-on management approach can enhance performance even further, making this an attractive and secure investment for the right buyer. A confidentiality agreement is required to access financials. Invest in a property located in one of Minnesota’s most sought-after destinations—where outdoor recreation, community spirit, and economic growth intersect.
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Highlights

  • - 24,442 SF building with potential for expansion
  • - 45 units, offering ample accommodation options
  • - Built in 1996, featuring modern infrastructure
  • - Prime location in the Detroit Lakes area
  • - Ideal investment opportunity for Hospitality / Full Service sector
  • - Solid construction, ready for transformation
  • - Spacious layout conducive to diverse development options
  • - Excellent canvas for rebranding and enhancement
  • - Versatile space suitable for various business concepts
  • - Potential for creating a premier hospitality destination

Contacts

broker

Horizon Real Estate Group

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent
  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Detroit Lakes, MN
  • Zip Code 56501

Points of Interest

  • Holiday

    0.76 miles

  • M&H

    0.88 miles

  • Cenex

    1.09 miles

  • Mobil

    1.13 miles

  • Casey's General Store

    1.18 miles

  • Tesoro

    1.68 miles

  • Parking Lot, Frank WMA

    2.32 miles

  • Parking Lot, Hubbel Pond WMA

    8.73 miles

  • Parking Lot, Sonnenberg WMA

    9.67 miles

  • AmericInn by Wyndham Detroit Lakes

    0.02 miles

  • Beacon House

    0.05 miles

  • Quality Inn & Suites

    0.12 miles

  • Budget Host Inn

    0.18 miles

  • Holiday Inn Detroit Lakes - Lakefront

    0.55 miles

  • Fairfield Inn & Suites Detroit Lakes

    0.93 miles

  • Best Western Premier the Lodge On Lake Detroit

    1.00 miles

  • Graystone Hotel

    1.10 miles

  • Country Inn & Suites, Detroit Lakes, MN

    1.17 miles

  • 59er Diner

    3.58 miles

  • Sapphire Sushi, Hibachi & American Cuisine

    0.06 miles

  • Spitfire Bar & Grill

    0.39 miles

  • Burger King

    0.48 miles

  • Ice House Restaurant

    0.57 miles

  • McDonald's

    0.63 miles

  • Papa Murphy's

    0.73 miles

  • Jamba

    0.79 miles

  • Taco John's

    0.80 miles

  • McKinley Nutrition

    0.85 miles

  • DQ Grill & Chill

    0.86 miles

Frequently Asked Questions

How much does AmericInn Detroit Lakes cost?

The space currently listed for sale at AmericInn Detroit Lakes asks for $3,295,000.

What is the total square footage of AmericInn Detroit Lakes?

AmericInn Detroit Lakes totals 24,442 square feet.

When was this property built?

AmericInn Detroit Lakes was built in 1996.

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Contact Listing Broker
broker

Horizon Real Estate Group