361 Government Street, Taylors Falls, MN 55084

$2,300,000
Property Type: Commercial Lot Size (sq. ft.): 25,700 Status: Active
Current Price: $2,300,000 List Date: 6/17/2025 Last Modified: 10/14/2025

Overview

Description

Former Springs Inn Motel, recently burned. The site still has debris that needs to be removed. Great location for condos or townhomes with a commercial lower level. Location offers a river view, very nice spot for a new hotel, condos or townhomes! City wants to see it developed! Bring all offers! The building is no longer standing, just the debris from fire. Seller is currently working on the clean up.

Listing Details MLS# 6734289

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
2
Year Built
1976
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
Yes
For Sale or Lease
For Sale
Acres
0.59
Lot Dimensions
197x104x165x190
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: None CMU Style: Other Construction Status: To Be Built/Floor Plan Current Use: Other Existing Financing: Cash Exterior: Other Foundation: See Remarks Fuel: Natural Gas Heating: None Loan Terms: Cash; Conventional; Conventional Rehab On Site Utilities: Electric Common Parking Characteristics: Parking Lot Potential Use: Motel/Hotel Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
2300000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
361
Street Name
Government
Street Suffix
Street
Postal City
Taylors Falls
County
Chisago
State
MN
Zip Code
55084
Complex/Dev/Subdivision
Taylors Falls

Assessments

Tax With Assessments
12450
Assessment Balance
0

Lease Details

Land Leased
Not Applicable

More Information

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
19
Section#
25
Township#
34

Sale Options

Sale Includes
Land

Unit Details

Total Units
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
ALL THAT PT OF PT OF LOTS 7 8 9 & 10 BLK 34 LYG N'LY OF ST ST TRUNK HWY NO. 46 & W'LY OF A LINE DESC AS FOL:A STRAIGHT LINE RUN N'LY & S'LY PARA WITH 60 FT W'LY OF NPR CO BRIDGE WHICH LIES OR WHICH IS SITUATED ON E SIDE OF SAID BLK 34. ALSO THAT PT O F LOT BLOCK 034 LOT 007 SUBDIVISIONCD 20010 SUBDIVISIONNAME TAYLORS FALLS SECTION 25 TOWNSHIP 034 RANGE 019
Listing City
Taylors Falls
Map Page
14
Municipality
Taylors Falls
School District
Chisago Lakes
School District Phone
651-213-2096
Zip Plus 4
9620
Property ID Number
200025400
Tax Year
2024
Tax Amount
12450
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Former Springs Inn Motel, recently burned. The site still has debris that needs to be removed. Great location for condos or townhomes with a commercial lower level. Location offers a river view, very nice spot for a new hotel, condos or townhomes! City wants to see it developed! Bring all offers! The building is no longer standing, just the debris from fire. Seller is currently working on the clean up.
Directions
HWY 8 TO DOWNTOWN TAYLORS FALLS. LEFT AT STOPLIGHT. UP ON THE HILL

Accessible

None
Yes

Basement

Foundation Dimensions
No

Construction Status

To Be Built/Floor Plan
Yes

Existing Financing

Cash
Yes

Exterior

Other
Yes

Foundation

See Remarks
Yes

Fuel

Natural Gas
Yes

Heating

None
Yes

Parking Characteristics

Parking Lot
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes

CMU Style

Other
Yes

Current Use

Other
Yes

Loan Terms

Cash
Yes
Conventional
Yes
Conventional Rehab
Yes

Potential Use

Motel/Hotel
Yes
Listing Office: LPT Realty, LLC
IDX
Last Updated: October - 14 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.