Chisholm Inn & Suites | Chisholm MN

Highlights:

• Strategic Location with Highway Visibility: The Hotel is strategically located off of US Highway 169, a major route through the Iron Range that provides direct connectivity between Chisholm and Minneapolis–St. Paul, as well as neighboring Iron Range communities such as Hibbing and Virginia.
• Proximity to Local Demand Generators: The Hotel benefits from its close proximity to key demand generators, including Delta’s Customer Engagement Center, the Minnesota Discovery Center, Longyear Lake, the new Redhead Mountain Bike Park, and the Mesabi Trail, as well as several other major employers in the area.
• Only Hotel in Chisholm with No New Supply: The Property is the only hotel in Chisholm. With no new hotel supply currently planned or under construction, the Hotel is well-positioned to continue capturing the area’s lodging demand without direct in-town competition.
• Offered Unencumbered by Management: The Hotel is being offered unencumbered by a management agreement, with ownership currently maintaining an absentee position. This provides an investor with the opportunity to assume a more hands-on owner/operator role.
• Fee Simple Interest: The Property will be offered as fee simple.

Description:

Ri Marketplace Online Auction November 3-5, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2813/chisholm-inn-suites-chisholm-mn?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2813

HREC Investment Advisors and RealINSIGHT Marketplace are pleased to present the opportunity to acquire the 43-guestroom Chisholm Inn & Suites (sometimes referred to as “Hotel” or “Property”) located at 501 Iron Dr, Chisholm, MN 55719.

The Chisholm Inn & Suites presents an opportunity to acquire the only asset in Chisholm, a community often referred to as “The Heart of the Iron Range.” Deeply rooted in its iron mining legacy, the town celebrates and preserves its heritage through renowned attractions such as the Minnesota Museum of Mining and the Minnesota Discovery Center, both of which draw visitors from across the region. Strategically positioned adjacent to Delta’s Customer Engagement Center—one of the region’s largest employers—the property is well-placed to benefit from consistent lodging demand generated by Delta’s operations and the broader local employment base.


Col. Frank B., Imholte
c/o Fisher Auction Company Inc.
License: 84-302
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: