My notes for this property


Add listing to my favorites (required)
Sold
$334,900  (list price)
$220,000
/mo Edit
Commercial:  Business Opportunity
Built 1896
1.75 acres
Rush City schools
MLS# 5232936
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

    Elegant, recently renovated/restored, 7500sqft, med-century hotel. Beautifully decorated in the ambiance of 1800's style w/modern amenities. The original Grant House Hotel was built in 1880 by Colonel Russell H. Grant, second cousin to President Ulysses S. Grant and was re-built in 1896 after a fire. Listed in the Registry of Historic places. Includes 11 rooms. Family friendly eatery features American menu of home cooked meals. Also a sophisticated choice for many special events & corporate gatherings. Average revenue for 2016 & 2017 was $362, 000 w/owner's net of $53, 000.

    Listing

    Contingency: None
    City: Rush City
    County: Chisago
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55069

    Interior

    Building Finished Area: 7,500 ft2
    Appliances Included:
    • Dishwasher
    • Dryer
    • Exhaust Fan
    • Freezer
    • Microwave
    • Refrigerator
    • Washer
    Total Ranges: One
    Total Refrigerators: One Per Unit
    Basement Details: Full

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 22
    Air Conditioning: Ductless Mini-Split
    Heating System:
    • Forced Air
    • Space Heater
    Foundation Size: 7,500 ft2
    Handicap Accessible: None
    Shared Amenities:
    • Deck
    • Fire Sprinkler System
    • Patio
    • Porch
    Unit Amenities:
    • Cable
    • Ceiling Fan(s)
    • Hardwood Floors
    • In-Ground Sprinkler
    • Natural Woodwork
    Road Frontage:
    • City Street
    • State Road
    Exterior Material: Brick/Stone
    Roof Details:
    • Age Over 8 Years
    • Other

    Rooms

    Shared Rooms: Other

    Lake & Waterfront

    Lake / Waterfront: Creek/Stream

    Lot

    Acres: 1.75
    Geolocation: 45.68442121, -92.96185046
    Lot Dimensions: Irregular
    Dev/Complex Name: Rush City
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Tree Coverage - Light

    Schools

    School District: 139
    District Phone: 320-358-4855

    Expenses

    Owner Expenses: Taxes, Insurance, Water/Sewer, Electric, Fuel, Maintenance/Repair, Janitorial, Trash, Snow, Lawn, Cable T.V., Broadband

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $11,106
    Assessment Pending: No
    Taxes w/ Assessments: $11,106

    Unit

    Total Units: 11

    Miscellaneous

    Current Use: Hotel/Motel
    Fuel System: Natural Gas
    Miscellaneous: 440 Volt, Furnished Units, Three Phase
    Owner Occupied: No
    Sale Includes: Business, Building, Land, Fixture/Equipment
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Utilities: Heating Common, Electric Common, Hot Water Common
    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

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

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