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Oak Ridge Hotel & Conference Center 1 Oakridge Dr

147 Room Hotel Chaska, MN 55318 For Sale

Investment Highlights

  • Conference center, suitable for medical facility or senior center
  • Plenty of parking.
  • Waterfront.

Executive Summary

The property is situated in a prime location in Chaska, Minnesota with close proximity to the Springs at McKnight Lake townhome community, retail, including the new Costco, parks, and schools. Built in 1989, the building is approximately 171,000 gross square feet on three levels. The site overlooks McKnight Lake and has access to several walking trails around the property.
Hospitality property with great opportunity for investment. However, contact broker for negotiations on potential for an owner user sale.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 9.00 AC
Building Size 171,000 SF
No. Rooms 147
Number of Floors 3
Year Built 1989
Parking Ratio 1.22/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Restaurant
  • On-Site Retail
  • On-Site Bar
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 £176.49 -
Guest Room 145 £98.05 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30.4730010
Land Assessment
£2,481,044
Improvements Assessment
£4,148,699
Total Assessment
£6,629,743

zoning

Zoning Code PMD (Commercial)
PMD (Commercial)
  • Listing ID: 32111103

  • Date on Market: 25/02/2022

  • Last Updated:

  • Address: 1 Oakridge Dr, Chaska, MN 55318

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