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Active
$350,000
/mo Edit
Commercial:  Business Opportunity
Built 1987
1.32 acres
Wrenshall schools
MLS# 6510349
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    Property Description

    Have you been dreaming of a new business adventure? This property might be the perfect place for you to make your dream a reality. Located in the heart of Wrenshall with easy access to Carlton & Duluth, this property offers a rock-solid brick exterior that has been well maintained by the same owners for over 34 years & is a staple in the community. The restaurant features a spacious commercial kitchen & two separate dining areas with seating for over 80 people. All the furniture, fixtures & equipment will be included with the purchase. Boasting a 1.32-acre lot, there is a 25-car parking lot & adjoining open space that offers an incredible amount of potential. Perhaps an outdoor dining & entertainment area with live music, or maybe an apartment complex with a laundromat. With a main street location, & the high school across the street, this property could also be a coffee shop to a day care or both. The possibilities are endless. Don't wait - dream big & make it happen!

    Listing

    Contingency: None
    City: Wrenshall
    County: Carlton
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55797
    Subdivision Name: City Wrenshall

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 0
    Foundation Size: 1,800 ft2
    Handicap Accessible: Fully Wheelchair
    Heating System:
    • Boiler
    • Hot Water
    Parking Features:
    • Gravel
    • Parking Lot
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 1.32
    Geolocation: 46.61768300, -92.38581000
    Inclusions: Building, Business, Fixture/Equipment, Land
    Lot Dimensions: 180 x 315
    Zoning: Business/Commercial

    Schools

    School District: 100
    District Phone: 218-384-4274

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,258
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,258

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Electric 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!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of Adolphson Real Estate, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.