1208 E Elm Ave, Waseca, MN

Real Estate

Sold

Listed price in listed location currency (USD).

$500,000

$469,000

000

MLS® 6562908

Key Facts
Description
Map

Key Facts

Type Business

Levels Commercial Sale

Size -

Garage Yes

HOA Fees

Taxes $7,696

Approx. Age 1960

MLS® Number 6562908

Property Address: 1208 E Elm Ave, Waseca, MN, 56093

Average square foot calculated using Size range provided by listing agent.

Description

DRASTIC PRICE DROP! Seller has slashed to rock-bottom pricing on this rare turn-key 5 unit short term rental property plus single family home. NOW PRICED FOR IMMEDIATE SALE! FAST CLOSING! Whether you're an investor looking to capitalize on the growing tourism market or a family seeking a lifestyle change, this property offers a rare opportunity to blend business with pleasure. Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business nestled in a serene setting offering both comfort and potential for growth. 3 bed home + 5 short term rental units + 2.7 acres + lake views = ENDLESS POSSIBILITIES! The charming home provides a cozy retreat for residents or a manager's quarters, while the 5-unit short term rental caters to a steady flow of guests who appreciate the tranquility and beauty of the area. Rentals have remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each room. 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. Imagine the possibilities: expand the lodging options, create outdoor recreational spaces, or develop a community hub that draws visitors year-round. There is plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. With its established clientele and prime location, Lodging at Lake Aire is ready to continue its success story with your vision and passion. 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! Don't miss the chance to turn this opportunity into your dream!

MLS® Number6562908

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageYes

Approx. Age1960

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Rental License

Price History

Oct 15, 2025End Date

$500,000Sold Price

Sold

Jul 2, 2024List Date

$469,000List Price

Commute

Commute

Starting Address

Destination Address

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