Sold: Waubun MLS# 5489908
Sold
$483,400 (list price)
$479,000
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
Listing Status:
Sold
Contingency:
None
List Price:
$483,400
Sold Price:
$479,000
Sold Date:
06/11/2021
Property Type:
Commercial
City:
Waubun
Garage Spaces:
2
County:
Becker
Year Built:
1936
State:
MN
Property Style:
Business Opportunity
Zip Code:
56589
Interior
Finished Building 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)
Foundation Size:
3,200 ft2
Handicap Accessible:
Wheelchair Ramp(s)
Heating System:
Forced Air
Parking Features:
Detached
Exterior Material:
Wood Siding
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Elbow Lake (03015900)
Waterfront View:
Lake
DNR Lake ID#:
03015900
WF Frontage:
350
Elev Highpt to WF feet:
15-26
Lake Chain Name:
N
Lake Acres:
985
Lake Depth:
76
Waterfront:
Lake Front
Lake Bottom:
Soft
Lot & Land
Acres:
0
Geolocation:
47.14551826, -95.54052464
Inclusions:
Business, Business Assets, Land, Fixture/Equipment, Liquor License, Building, Other
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
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,780
Land Lease Amount:
0
Units
Total Units:
3
Miscellaneous
Current Use:
- Bar/Tavern
- Food Service
- Resort
- Restaurant
- Retail
Fuel System:
Propane
Owner Occupied:
Yes
Sewer System:
Tank with Drainage Field
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
Well
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.