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

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

$305,000

Property Type: Business Opportunity Status: Active

Current Price: $305,000 List Date: 2/24/2026 Last Modified: 2/25/2026

Overview

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.

Supplements: Liquor inventory is additional and can be assessed 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 Details MLS# 26-167

General Property Information

Property Subtype: BS
Realtor.COM Type: Business
Year Built: 1972
Lot Size Dimensions: 3.45 acres
Business Name: Paradise Falls
Date Available: 01/19/2026
Flood Plain: Contact Lender
Waterfront: No

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)

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

Miscellaneous

Building Owner: Troy Mercil
Fixtures Included: Yes
License Required: Yes
Lease Available: Yes

More Information

Showing Instructions

Showing Service: None

Location, Tax and Legal Information

Pend+Proposed Spec: 0

Agent/Agency Information

Extra Agency Info: 7

Building Features

Laundry Facilities: Yes
Private Restroom(s): Yes
Public Restroom(s): Yes
Reception Area: Yes

Location of Property

City: Yes

Sale Includes

Building: Yes
Business: Yes
Fixtures: Yes
Furniture: Yes
Land: Yes

Business Type

Hotel/Motel: Yes
Liquor Store: Yes

Heating

Baseboard: Yes
Electric Baseboard: Yes
Electric Hot Water: Yes

Cooling

Wall Unit(s): Yes

Special Listing Conditions

NA: Yes

Listing Office: Crary Real Estate

Last Updated: February - 25 - 2026

Information deemed reliable but not guaranteed.