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1208 Elm Avenue E

Waseca, MN 56093

3 beds
2 baths
1,459 sqft
~3 acre lot
$438 per sqft
1946 build
267 days on site

3 bed home + 5 unit extended stay motel + 2.7 acres + lake views = ENDLESS POSSIBILITIES! Opportunity knocks! Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business with month to month stays with many regular and seasonal clients. Motel has remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each room…all nestled in a private tree lined setting. The charming main home features curved archways, stacked stone fireplace, updated kitchen & baths, hardwood floors, built in hutches and an oversized heated 2 car garage. Plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. Small investment = BIG rewards…let the business cover your mortgage. Located in the quaint small town of Waseca near numerous lakes, camping and bike paths. This property is meticulously maintained and ready for operation from day one! Call today for more information!

Listing courtesy of NORTHSTAR / Daryl Bauer / Re/Max Advantage Plus

Last checked: Checking… • Last updated Mar 11, 2025 •

MLS# 6562682 —

The Building

Year Built:

1946
New Construction:

false
Age Of Property:

79
Construction Materials:

Wood Siding
Roof:

Age 8 Years or Less
Accessibility Features:

None
Levels:

One and One Half
Main Level Finished Area:

936.0000
Basement:

Block, Drainage System, Sump Pump, Unfinished
Basement:

true
Foundation Area:

936
Manufactured Home:

No
Building Area Total:

2395
Above Grade Finished Area:

1459

Interior

Dining Room Description:

Eat In Kitchen,Separate/Formal Dining Room
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Gas, Living Room
Amenities:

Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Paneled Doors,Security System,Security Lights

Room Dimensions

Living Area:

1459

Location

Directions:

Elm Ave E (Old US 14)....property between 13th St SE and 11th St SE
Latitude:

44.076301
Longitude:

-93.489636

The Property

Parcel Number:

171230070
Zoning Description:

Business/Commercial,Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

true
Additional Parcels Description:

171230160
Lot Features:

Tree Coverage - Medium
Lot Size Area:

2.7
Lot Size Dimensions:

263x432x253x475
Lot Size SqFt:

117612
Lot Size Units:

Acres
View:

Lake
Lake Chain:

N
Lake Acres:

648
Lake Depth:

34
Water Body Name:

Clear
Road Between Waterfront and Home:

Yes
Road Frontage Type:

County Road, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Fencing:

None
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

6998
Tax With Assessments:

6998.0000

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Bath Description:

Main Floor Full Bath,Upper Level Full Bath
Full Baths:

2

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned

Schools

High School District:

Waseca

The Community

Waterfront:

false
Waterfront Features:

Lake View
Association:

false
Assessment Pending:

Unknown

Parking

Parking Features:

Detached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Parking Lot, Paved, RV Access/Parking
Garage Spaces:

2
Garage Dimensions:

26x26
Garage SqFt:

676

Monthly cost estimate

Asking price

$640,000

Expense	Monthly cost
Mortgage	$3,427
Taxes	$583
Insurance	$176
Utilities	$178 See report
Total	$4,364/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Mediacom

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
2/4/25 Feb 4, 2025	Price Changed	NORTHSTAR	$640,000	-1.5%
9/5/24 Sep 5, 2024	Price Changed	NORTHSTAR	$650,000	-3.7%
7/2/24 Jul 2, 2024	Listed / Active	NORTHSTAR	$675,000

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This house located in Waseca, MN 56093 is currently for sale for $640,000. 1208 Elm Avenue E is a 1,459 square foot house with 3 beds and 2 baths that has been on Estately for 267 days. This house is in the attendance area of Waseca Intermediate School, Waseca High School, Hartley Elementary School, and Waseca Junior High School.

Listing Courtesy of: NORTHSTAR and Re/Max Advantage Plus.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.