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Ramada Plymouth Redevelopment Opportunity 2705 Annapolis Ln N

149 Room Hotel Plymouth, MN 55441 For Sale

Executive Summary

THE RAMADA HOTEL at 2705 Annapolis Lane North in Plymouth is available for redevelopment, offering an ideal location at the corner of Interstate 494 and MN Highway 55. This location has high visibility with approximately 101,490 traffic count per day on I-494 and 56,440 traffic count per day on Hwy 55. The highest and best use of this property will likely be among the following:
• Multi-Family Development
• Office Market
• Medical / Healthcare
• Retail
• Industrial
• Headquarters Use

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 7.84 AC
Building Size 125,900 SF
No. Rooms 149
Number of Floors 2
Year Built/Renovated 1973/2017
Parking Ratio 0.95/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 8 £191.91 -
Guest Room 141 £128.46 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-118-22-34-0005
Land Assessment
£3,655,661
Improvements Assessment
£72,847
Total Assessment
£3,728,508

zoning

Zoning Code C-3 (Highway Commercial.)
C-3 (Highway Commercial.)
  • Listing ID: 33608275

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: 2705 Annapolis Ln N, Plymouth, MN 55441

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