Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire the Bigwood Event Center, a premier event destination located in the thriving regional hub of Fergus Falls, Minnesota. Conveniently located just o? Interstate 94 with high visibility, the center features over 12,000 square feet of ?exible meeting space and is directly connected to a 96-room Country Inn & Suites hotel— making it an ideal venue with seamless lodging integration for weddings, corporate events, conferences, trade shows, and social gatherings of all sizes. The venue features a grand ballroom, multiple breakout rooms, and boardroom space, all designed with a warm, modern aesthetic. Ample on-site parking, and a large pre-function area with patio add further convenience for event organizers and attendees. The property is currently city-owned with passive role and involvement in day-to-day operations, presenting a strong opportunity for an experienced investor to realize financial gains through active management and implementing a strategic marketing campaign. In addition, minimal local competition and a growing demand for regional event spaces o?ers a solid foundation for steady revenue and long-term growth. Overall, this acquisition presents an excellent investment opportunity, o?ering immediate and long term income potential through enhanced marketing, expanded event programming, and improved operational management. Given the building’s unique ownership, the preferred transaction structure for this offering is a Purchase Agreement with a defined three-year contingency period, aligned with a concurrent three-year lease agreement to assume all operations of the facility. Said Purchase Agreement shall include non-refundable earnest money upfront which will be credited towards the purchase price upon closing +/- 3 years from the date of execution. The property will remain leased to the Purchaser throughout the contingency period. Closing is targeted for the conclusion of the three-year lease term.