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Active
$424,000
/mo Edit
Commercial:  Business Opportunity
Built 1958
1 acres
Martin County West schools
MLS# 6468739
My rating:
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    Property Description

    This versatile property presents an exceptional prospect for a bar, restaurant, specialty diner, event center, and various other business ventures. The establishment boasts a spacious dine-in area with anarray of tables, chairs, and booths. There is a clean and fully operational kitchen setup, with essential culinary equipment including a grill, two fryers, two Broasters, hoods, prep area, two refrigerators, an ice machine, a walk-in cooler, and a dedicated dishwashing area. The bar area is complete with stools, TVs for entertainment, a large keg cooler, and two pop coolers. An added bonus on the property is the on-site paved parking area which has the potential for hosting outdoor events, music concerts, and other recreational activities. Additional value and revenue stream to the business operations is the inclusion of an off-sale liquor store area that has an adjoining & separate entrances. Top notch security/surveillance system throughout.

    Listing

    Contingency: None
    City: Welcome
    County: Martin
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56181

    Interior

    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 3,201 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Paved
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 1
    Geolocation: 43.66038000, -94.61892400
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 1 acre
    Zoning: Business/Commercial

    Schools

    School District: 2448
    District Phone: 507-728-8276

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $5,071
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $5,140

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Food Service
    • Other
    • Restaurant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    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 Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.