1203 STATE HWY 32 N, Red Lake Falls, MN 56750

$305,000

1203 STATE HWY 32 N
Red Lake Falls, MN 56750
MLS# 26-167

1 / 10

Property Description
Great opportunity to buy or lease your own business. Well established hotel in Red Lake Falls, MN with on-site liquor store and attached living quarters. Hotel includes 16 furnished rooms (10 of which are heated by outdoor wood stove). All rooms include fridge & microwave. 24'x20' off sale liquor store is attached and is included in the sale. Liquor inventory is additional and can be assessed...

Details

Maps

General Property Information

Realtor.COM Type: Business

Lot Size Dimensions: 3.45 acres

Business Name: Paradise Falls

Date Available: 01/19/2026

Flood Plain: Contact Lender

Waterfront: No

Property Subtype: BS

Year Built: 1972

Location, Tax and Legal Information

Pend+Proposed Spec: 0

Agent/Agency Information

Extra Agency Info: 7

Miscellaneous

Fixtures Included: 1

License Required: 1

Building Owner: Troy Mercil

Lease Available: 1

Building Features

Laundry Facilities: 1

Private Restroom(s): 1

Public Restroom(s): 1

Reception Area: 1

Location of Property

City: 1

Sale Includes

Building: 1

Business: 1

Fixtures: 1

Furniture: 1

Land: 1

Business Type

Hotel/Motel: 1

Liquor Store: 1

Heating

Baseboard: 1

Electric Baseboard: 1

Electric Hot Water: 1

Cooling

Wall Unit(s): 1

Special Listing Conditions

NA: 1

Showing Instructions

Showing Service: None

Contract Information

Status: Active

List Price: $305,000

Current Price: $305,000

Location Tax and Legal Information

Area: Small Town MN

House Number: 1203

Street Name: STATE HWY 32 N

State/Province: MN

Country: USA

Postal Code: 56750

County: Red Lake

Zoning: B-1 Limited Business

Confidential Information

Begin Date: 2026-01-19

Property Features

Building Features: Laundry Facilities; Private Restroom(s); Public Restroom(s); Reception Area

Sale Includes: Building; Business; Fixtures; Furniture; Land

Business Type: Hotel/Motel; Liquor Store

Miscellaneous: Fixtures Included; License Required; Lease Available

Special Listing Conditions: NA

Heating: Baseboard; Electric Baseboard; Electric Hot Water

Cooling: Wall Unit(s)

Supplements

at the time of purchase. Attached living quarters include kitchen, living room, two bedrooms and bathroom (two additional bedrooms are currently being used for office and storage but could be used as additional bedroom space).

Listing Office: Crary Real Estate

Last Updated: February - 24 - 2026

Information deemed reliable but not guaranteed.

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Crary Homes

1203 STATE HWY 32 N, Red Lake Falls, MN 56750 (MLS# 26-167)