Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
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P  952-405-9370

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Northern Inn | Spicer, Minnesota

Northern Inn

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Property Summary

Location 154 Lake Ave S, Spicer, MN, 56288

Price $1,150,000

Rooms 31

Price Per Key $37,097

Revenue $303K Revenue for 2018

The Property

The Northern Inn of Spicer is an exciting hotel with exceptional quality inside and out. The property has 31-rooms plus living quarters for the owner. The hotel features a Spanish style tile roof, stucco style exterior, indoor corridors, large indoor pool area, spa, poolside rooms, suites, and concrete parking lot. The hotel has been renovated with new carpets & pads, granite vanities, bedding packages, mattresses, lamps, and more. Included in the renovation were all new windows, including sills. The lobby includes comfortable seating, a spacious front desk area and a breakfast bar with tables. Laundry and the living quarters are accessed from behind the front desk. The indoor swimming pool features a spacious deck for sitting, vaulted ceiling, several poolside rooms, and balcony. Leines Hotel Advisors, Inc. is pleased to offer this property on an exclusive basis. 

 

The Location

The Northern Inn sits across Lake Ave from Green Lake, a popular summer and resort destination. Also across from the hotel is Zorbaz on the Lake, a popular restaurant and beach bar located directly on Green Lake.

Spicer Minnesota is located 94 miles west of Minneapolis, 53 miles southwest of St. Cloud (I-94) and 11 miles from Willmar, MN. Spicer is on Highway 23 that connects St. Cloud to Willmar, with the hotel located one block off of the highway. Signage for the Northern Inn is adjacent to Highway 23. Driving to Spicer via I-94 to Hwy 23 from Minneapolis is 112 miles (about 1.75 hours).

Property Aerial View

 


Property Highlights:

  • $303K Revenue for 2018.
  • 31-Rooms including 9 Suites and Poolside Rooms.
  • Owners Quarters.
  • 94 Miles west of Minneapolis, 53 Miles from St. Cloud & 11 Miles from Willmar. 
  • Independent Hotel.  

Significant Property Improvements:

  • New Carpets, Mattresses, Lamps, Granite Vanities. 
  • New Furniture in Suites and Executive King Rooms.
  • Breakfast Area and Lobby Remodeled. 
  • New Fire Alarm System in 2008. 
  • Swimming Pool Painted & New Pool Heater in May 2015. 
  • New commercail washer in 2018. 

 Resource Links:

Kandiyohi County website. 

Kandiyohi County & City of Willmar Economic Development Commission. 

Spicer Visitors Site. 

Spicer Community Information (Wikipedia).

Kandiyohi County Community Information (Wikipedia). 

Spicer School District (New London-Spicer Schools) website. 

Demographic data (City-Data). 

  

Scan here for directions to the Northern Inn of Spicer, Minnesota

 

More Details

To request more investment details for this listing, please fill out our "Confidentiality Agreement" by clicking on the button below:

Confidentiality Agreement

For more information call or email Leines Hotel Advisors, Inc.

Call 952-405-9370 or Email Leines Hotel Advisors, Inc. 

 

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From Our Clients

"I wanted to thank you personally for sharing your knowledge of hospitality to the North Star Chapter of the Appraisal Institute. Your and Steve's presentation was nothing short of great. The feedback was unanimously positive. In fact, more than one person stated that it was one of the best seminars they have attended in quite some time."

- Dan Boris - President - North Star Chapter of the Appraisal Institute

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