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Active
Listed
$995,000
/mo   Edit
MLS# 5015329
10 8th Street
Farmington, MN 55024
Commercial
Built 1973
3 acres
Farmington schools
Info: 763-576-8286
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    Description:   Opportunity to own 3.42 acres with Highway 3 frontage. 14, 000 average daily traffic= fantastic exposure in the growing community of Farmington, MN. Almost 12, 000 square feet of restaurant/tavern space. Paved parking lot. Patio area, Volleyball courts and so much potential.
    List Price: $995,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1973
    City: Farmington
    Zip Code: 55024

    Interior

    Building Fin Sq Ft: 11,968 ft²

    Exterior

    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 11,968 ft²
    Shared Amenities: Patio
    Handicap Accessible: Wheelchair Ramp
    Exterior Material: Wood, Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 70

    Lot

    Acres: 3
    Latitude: 44.64538400
    Longitude: -93.13536100
    Lot Size Dim.: 522x216
    Zoning: Business/Commercial

    Schools

    School District: 192 - Farmington
    District Phone: 651-463-5000

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $34,394
    Assessment Pending: No
    Taxes w/ Assessments: $34,394

    Income

    Annual Gross Income: 144000.00

    Unit

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant, Tavern/Lounge
    Fuel System: Natural Gas
    Sale Includes: Building, Land
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Richard
    Smyth
    TruStone
    Mona
    Edick
    Bay Equity
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    Von Itter
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    Jeff
    Zajac
    TruStone
    Richard Smyth
    Area Sales Manager
    TruStone Home Mortgage NMLS#422593
    Richard Smyth joined TruStone Home Mortgage as a Mortgage Consultant in 2015. With nearly 10 years of experience in the mortgage industry, he has the skills to guide borrowers through the home buying process with ease. With a bachelor's degree in finance from the National University of Ireland Maynooth and a background as a financial advisor, Richard knows the ins-and-outs of financing and will help you get from contract to close. Away from work, Richard spends his time playing music, enjoying the outdoors and spending time with his family.
    763-270-4334

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    Listing provided by RMLS, courtesy of Coldwell Banker Burnet