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Active
$2,500,000
/mo   Edit
MLS# 4991578
805 Main Street
Madison Lake, MN 56063
Commercial
0.781 acres
Mankato schools
Info: 763-576-8286
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    Description:   High volume restaurant/bar on Madison Lake. Sale includes 1 four-plex where units rent by the week, 8 camper sites that rent by year, 1 mobile home rental, and 33 boat slips for rent. Brand new bar and large kitchen have just been added to handle large business volume. The entire building has been remodeled in 2017/2018. All equipment goes with. Outside features include 2 tiki bars, a floating dinning area and a large fire pit. Dock for boaters to pull up to for dinning and of course gas sales.
    List Price: $2,500,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    City: Madison Lake
    Zip Code: 56063

    Interior

    Building Fin Sq Ft: 3,106 ft²
    Basement Details: None

    Exterior

    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 3,106 ft²
    Shared Amenities: Deck, Patio, Dock, Beach
    Handicap Accessible: No Stairs Internal
    Exterior Material: Wood, Metal
    Garage Spaces: 0
    Other Parking Spaces: 15

    Lake/Waterfront

    Lake/Waterfront: Lake Front
    Lake/Waterfront Name: Madison Lake (07000200)
    DNR Lake ID#: 07000200
    WF Frontage: 351
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Level
    Lake Acres: 118.00000
    Lake Depth: 0
    Lake Bottom: Sand

    Lot

    Acres: 0.781
    Lot Description: Irregular Lot
    Latitude: 44.20033800
    Longitude: -93.81549900
    Lot Size Dim.: Irregular
    Zoning: Business/Commercial

    Schools

    School District: 77 - Mankato
    District Phone: 507-387-1868

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $15,454
    Assessment Pending: No
    Taxes w/ Assessments: $15,454

    Unit

    Total Units: 4

    Miscellaneous

    Current Use: Restaurant, Tavern/Lounge, Other
    Fuel System: Natural Gas
    Miscellaneous: Furnished Units
    Sale Includes: Business, Building, Land, Fixture/Equipment
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected, City Water - In Street

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