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Active
$150,000
/mo Edit
Commercial:  Business Opportunity
Built 1973
2.5 acres
St. James schools
MLS# 6484530
My rating:
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    Property Description

    The Knight's Lounge is a deeply rooted bar that has been around since 1973 and is located on Hwy 4 in Ormsby, MN. The current owner has owned it since 1979 and has been running it ever since. With the Building being 3, 800+ Sq. Ft. on 2.5 acres, a spacious parking area and extra land gives you room to host events. A long Bar lounge with plenty of seating ..Separate men's and women's rest rooms. Finally, a dedicated customized room for your on/off sale inventory. Call for your showing today!!

    Listing

    Contingency: None
    City: Ormsby
    County: Martin
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56162

    Interior

    Appliances Included:
    • Electric Water Heater
    • Freezer
    • Microwave
    • Water Softener Owned
    Basement Details: None

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 30
    Air Conditioning: Central Air
    Foundation Size: 3,838 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • Gravel
    • Parking Lot
    Exterior Material: Brick/Stone
    Roof Details: Metal

    Lot & Land

    Acres: 2.5
    Geolocation: 43.83619518, -94.69916726
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory
    Lot Dimensions: 0
    Zoning: Business/Commercial

    Schools

    School District: 840
    District Phone: 507-375-5974

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $1,124
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,124

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Other
    • Retail
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric 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 EXIT Realty - Great Plains.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.