5575 E IRLO BRONSON MEMORIAL HIGHWAY

For sale Days on market 116

$1,050,000

$195/sq ft

$150,000
Price Decreased

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5575 E IRLO BRONSON MEMORIAL HIGHWAY

For sale Days on market 116

$1,050,000

$195/sq ft

$150,000
Price Decreased

Overview

Bedroom

Year Built

1966

Sqft

5374

Property Description

Under contract-accepting backup offers. Outstanding Investment Opportunity – Turnkey Motel with Redevelopment Potential! Now available: a fully operational, income-producing motel property in the rapidly expanding Saint Cloud market. Located at 5575 E Irlo Bronson Memorial Hwy, this 5,374 SF property sits on a valuable parcel with excellent visibility and frontage on busy US-192. Currently comprised of 9 rental units, all leased under flexible terms (weekly, biweekly, and monthly), this income-producing property generates approximately $11,937/month or $143,244 annually in gross income, with a Net Operating Income (NOI) of $79,948/year. Building One features a new roof (2021) and a remodeled main living area completed the same year. Building Two received a roof replacement approximately 10+ years ago. The property is supported by four separate septic systems. Additionally, the site includes a 1,435 sq ft living space with 3 bedrooms and 1.5 baths, which could serve as on-site living quarters for ease of management or be converted into an additional income-producing unit to further enhance returns. This property offers not only solid cash flow but also significant redevelopment potential—ideal for hospitality, retail, or mixed-use projects. This allows for a wide range of future uses, making this a strategic acquisition in a growth corridor. Situated in a high-traffic area near new residential developments, attractions, and major roadways, this is a rare opportunity to secure a versatile asset with strong current income and future upside.

Property Details

MLS#

O6320338

Address

5575 IRLO BRONSON MEMORIAL E

City

ST CLOUD

State/county

Zip/Postal Code

34771

Area

Twin Lakes Ranchettes

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$9,372

Maint Fee

$--

Tax Year

2024

Dishwasher

Microwave

Refrigerator

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