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Pending
$995,000
/mo   Edit
MLS# 5334711
Commercial
Built 1973
3 acres
Farmington schools
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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: Pending
    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: Brick/Stone, Wood
    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: 2019
    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
    Utilities: Heating Separate
    Water System: City Water/Connected

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    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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