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Active
$1,800,000
/mo Edit
Commercial:  Other
Built 1956
1.17 acres
Spring Lake Park schools
MLS# 6344542
My rating:
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    Property Description

    Don't miss this opportunity to own a newly renovated event/banquet/restaurant building of nearly 11, 000 sqft with over 100 parking spaces located by busy Central Ave Road on 1.17 acres. Seller has spent over $800, 000 dollars towards improvement and remodeling of the building in 2019. new plumbing, new kitchen, new equipment, new interior, new bar, new HVAC, new AC, and new bathrooms and plumbing. Large three-season porch with a private wet bar. A large bar, a large beer cooler, 2 large dry storages, one private room, two large bathrooms, and a large stage. Inventory is excluded from the sale. The building is currently used for wedding events and opens for delivery and take-out food. Kitchen has a 20 ft hood, walk-in cooler, walk-in freezer, standing freezer, 4 wok burners, a grill, 2 fryers, and 2 prep coolers. Must be an agent present at showing. No entry into the building without a licensed agent.

    Listing

    Contingency: None
    City: Spring Lake Park
    County: Anoka
    State: MN
    Property Style: Other
    Zip Code: 55432
    Subdivision Name: Spring Lake Park Plaza

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 200
    Foundation Size: 10,941 ft2
    Handicap Accessible: No Stairs Internal
    Heating System: Forced Air
    Parking Features: Open
    Exterior Material: Stucco

    Lot & Land

    Acres: 1.17
    Geolocation: 45.12237260, -93.23408645
    Inclusions: Building, Business
    Lot Dimensions: 256 x 200
    Zoning: Business/Commercial

    Schools

    School District: 16
    District Phone: 763-786-5570

    Financial & Taxes

    Tax Year: 2022
    Annual Taxes: $21,589
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $21,589

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Event Space
    • Restaurant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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 TruHomes Realty LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.