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Active
$170,000
/mo Edit
Commercial:  Other
Built 1900
1.17 acres
Grantsburg schools
MLS# 6327629
My rating:
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    Property Description

    Attention all restaurant enthusiasts! A fantastic opportunity has arisen to own a fully equipped 50-seater restaurant. This turn-key operation includes a waitress station, fridge, ice machine, ice cream machine, (2) 2-door coolers, (1) 1-door cooler, 4 ft electric grill, double electric fryers, (2) updated electric Broasters, electric stove, upright freezer, tabletop electric 5 shelf oven, (2) steam tables, (3) soup warmers, (3) microwaves, small Hobart mixer, meat slicer, walk-in freezer, walk-in cooler, dishwasher/sanitizer, pots, pans, utensils, dishes, tables & chairs, and (2) picnic tables/umbrellas. The restaurant also boasts updated plumbing and updated kitchen lighting to LED. Don't miss out on this rare opportunity to own a fully functional restaurant, contact us today for more information! **Seller will consider 4% CD - 20% down with up to 30-year AM rate and 3-year balloon!

    Listing

    Contingency: None
    City: Grantsburg Twp
    County: Burnett
    State: WI
    Property Style: Other
    Zip Code: 54840

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 25
    Foundation Size: 1,680 ft2
    Handicap Accessible: No Stairs External
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Gravel
    • Gravel
    • Parking Lot
    Road Frontage:
    • County Road
    • Paved Streets
    Exterior Material: Wood Siding
    Roof Details: Flat

    Lot & Land

    Acres: 1.17
    Geolocation: 45.77179200, -92.68284000
    Inclusions: Building, Business, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 128.5 x 317 x 228.5 x ...
    Zoning: Business/Commercial
    Lot Description:
    • Irregular Lot
    • Tree Coverage - Light

    Schools

    School District: 2233
    District Phone: 715-463-2531

    Expenses

    Annual Electric Expense: $12,000
    Annual Fuel Expense: $1,070
    Annual Insurance Expense: $5,640
    Annual Trash Expense: $2,200
    Annual Water/Sewer Expense: $1,500

    Financial & Taxes

    Tax Year: 2022
    Annual Taxes: $1,592
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,592

    Income

    Annual Gross Income: $133,000

    Rent

    Annual Net Income: $22,000

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    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 White Oaks Real Estate, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.