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Sold
$483,400  (list price)
$479,000
/mo Edit
Commercial:  Business Opportunity
Built 1936
Waubun-Ogema-White Earth schools
MLS# 5489908
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    Property Description

    Well known ELBOW LAKE STORE. 47 Acres, 350 feet of shoreline on Big Elbow Lake. Established Elbow Lake Store off of scenic Highway 113, is a year round business. Lake life in the summer, snowmobile activity in the winter, ATV, s, deer camp, local activity round out the year. Newer owners home, upper level not finished. Solid income. Groceries, gas, short order menu, bait/tackle, beer, slot machines (nice). Room for growth. Possible RV sites, storage units, laundry, etc. all on 47 acres...you definitely have the space. Own your newer home and business on the lake...all in one package. Great couple or family opportunity. Imagine the possibilities!!...Let's talk!!

    Listing

    Contingency: None
    City: Waubun
    County: Becker
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56589

    Interior

    Building Finished Area: 4,848 ft2
    Appliances Included:
    • Electric Water Heater
    • Freezer
    • Fuel Tank - Owned
    • Refrigerator

    Exterior

    Garage Spaces: 2
    Other Parking Spaces: 50
    Air Conditioning: Wall Unit(s)
    Heating System: Forced Air
    Foundation Size: 3,200 ft2
    Handicap Accessible: Wheelchair Ramp(s)
    Exterior Material: Wood Siding

    Lake & Waterfront

    Lake / Waterfront: Lake Front
    Lake / Waterfront Name: Elbow Lake (03015900)
    DNR Lake ID#: 03015900
    WF Frontage: 350
    Elev Highpt to WF feet: 15-26
    Lake Acres: 985
    Lake Depth: 76
    Lake Bottom: Soft

    Lot

    Acres: 0
    Geolocation: 47.14551826, -95.54052464
    Lot Dimensions: 350 x 2108 x 708 x 2303 x 740
    Zoning: Business/Commercial
    Lot Description:
    • Additional Land Available
    • Tree Coverage - Heavy

    Schools

    School District: 435
    District Phone: 218-473-6171

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $3,780
    Assessment Pending: No
    Taxes w/ Assessments: $3,780

    Unit

    Total Units: 3

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Food Service
    • Resort
    • Restaurant
    • Retail
    Fuel System: Propane
    Owner Occupied: Yes
    Sale Includes: Business, Business Assets, Land, Fixture/Equipment, Liquor License, Building, Oth
    Sewer System: Tank with Drainage Field
    Available Utilities:
    • Electric Separate
    • Heating Common
    • Hot Water Common
    Utilities: Electric Separate, Heating Common, Hot Water Common
    Water System: Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of eXp Realty - Fargo 3369.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.