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Active
$119,000
/mo Edit
Commercial:  Business Opportunity
Built 1915
0.06 acres
Jackson County Central schools
MLS# 6464703
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    Property Description

    If these walls could talk... This iconic building holds many memories over the last 100 years and is ready for new owners to open the next best business! This building has been renovated, is super clean and can seat 85 people. It has all the equipment to open the business you have dreamed with a fully equipped kitchen, front eatery area PLUS a full bar and seating area in the back. Whether you have thought to open the next trendy spot that visitors love or reviving the old "stomping" grounds; front, side and rear entrances offer endless possibilities for multi-use ideas. Lakefield has grown to be a stop by and hang out place with friendly people and over-the-top support. Be a part of our history and fall in love with 401 Main Street!

    Listing

    Contingency: None
    City: Lakefield
    County: Jackson
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56150
    Subdivision Name: Original Town-Lakefield

    Interior

    Ceiling Height: 11-15
    Basement Details:
    • Block
    • Brick/Mortar
    • Concrete
    • Storage Space
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 1,550 ft2
    Foundation Dimensions: 25 x 65
    Handicap Accessible: Fully Wheelchair, Hallways 42"+
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Road Frontage:
    • City Street
    • County Road
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material:
    • Brick/Stone
    • Wood Siding

    Lot & Land

    Acres: 0.06
    Geolocation: 43.67867300, -95.17238500
    Inclusions: Building, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 25 x 96
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Farm

    Topography: Level

    Schools

    School District: 2895
    District Phone: 507-847-3608

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $710
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $808

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    Fuel System: Natural Gas
    Owner Occupied: Yes
    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 Stan Sievert Agency.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.