Sonesta Essential & Suites Minot 3420 S Broadway 102 Room Hotel Minot, ND 58701 $6,334,785 CAD ($62,106 CAD/Room)

EXECUTIVE SUMMARY

Discover an exceptional investment opportunity with the Sonesta Essential Minot, a well-maintained, limited-service hotel in the heart of Minot, North Dakota. Strategically located at 3420 S Broadway, this AAA 3-Diamond-rated property offers 102 guest rooms, a range of modern amenities, and strong revenue potential in a high-traffic area.
Property Highlights:
Opportunity to rebrand to Fairfield Inn, IHG Garner or Four Points.
• 102 well-appointed rooms featuring premium bedding, flat-screen TVs with streaming capabilities, and complimentary Wi-Fi.
• Prime location just 4 miles from Minot International Airport, providing easy access for travelers.
• Convenient proximity to major attractions including Dakota Square Mall, Roosevelt Park Zoo, and Magic City Discovery Center.
• Complimentary hot breakfast offered daily, enhancing guest satisfaction and value.
• Indoor heated pool & hot tub, along with a 24-hour fitness center, catering to leisure and business travelers.
• Business amenities, including a 24-hour business center and flexible meeting spaces for corporate events and gatherings.
• Free on-site parking.
• On-site laundry facilities for added guest convenience.
• Cozy, inviting lobby with a fireplace and complimentary coffee & tea service.
Investment Potential:
• Operating under the Sonesta Essential brand, benefiting from strong brand recognition and nationwide marketing support.
• Located in a thriving market with strong tourism, business travel, and local event demand.
• Turnkey operation with a well-established customer base and excellent online reviews.
This is a rare opportunity to acquire a profitable, limited-service hotel in a growing market. Whether you’re expanding your hospitality portfolio or entering the industry, Sonesta Essential Minot is a high-value asset with excellent long-term potential.
For more information or to schedule a private tour, contact us today!

PROPERTY FACTS

Price $6,334,785 CAD
Price Per Room $62,106 CAD
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 2.52 AC
Building Size 57,124 SF
No. Rooms 102
No. Stories 4
Year Built/Renovated 2012/2020
Parking Ratio 2.17/1,000 SF
Corridor Interior

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

ABOUT 3420 S BROADWAY , MINOT, ND 58701

Opportunity to rebrand to a premium brand. Under performing the comp set in ADR and Occupancy.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 10 $160.48 CAD -
Guest Room 92 $147.81 CAD -

ZONING

Zoning Code C2 - General Commercial
  • Listing ID: 35293383

  • Date on Market: 2025-03-28

  • Last Updated:

  • Address: 3420 S Broadway, Minot, ND 58701