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Active Contingent
$420,000
/mo Edit
Commercial:  Business Opportunity
Built 1975
0.46 acres
Marshall schools
MLS# 6222912
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    Property Description

    If you are looking for the ideal commercial location, look no further. As they say location is very everything. Desirable corner lot at the intersection of East College Drive and Jewett Street. Close to Southwest Minnesota State University, and retail and service business. High traffic and great visibility. Updated exterior including new shingles in June of 2022. Property is ADA compliant. Dining area seats 50, and includes buffet area & cashier area. Kitchen includes new Greenheck hood exhaust system, prep space, ice maker, mulitple freezers, mulitple coolers including a walk-in cooler, new dough mixer, deep fryers , gas stove with 5 wok's, meat grinders , ice cream cooler & so much more. With 12, 000 sq ft. of asphalt in parking lot (aprox. 26 parking spaces), there is plenty of parking. Call for your appointment.

    Listing

    Contingency: Inspection
    City: Marshall
    County: Lyon
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56258
    Subdivision Name: Mcfarland Add

    Interior

    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 26
    Air Conditioning: Central Air
    Foundation Size: 2,038 ft2
    Foundation Dimensions: 34x57+8x12
    Handicap Accessible: No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • More Parking Onsite for Fee
    • Open
    • Paved
    Road Frontage:
    • City Street
    • Curbs
    • Highway
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Brick/Stone
    • Wood Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.46
    Geolocation: 44.45006504, -95.76468718
    Inclusions: Building, Fixture/Equipment, Land
    Lot Dimensions: 18, 097 sqft
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 413
    District Phone: 507-537-6924

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $5,690
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,690
    Land Lease Amount: 0

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.