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Pending
$729,000
/mo   Edit
MLS# 5317439
Commercial
Built 1979
11.7 acres
Mcgregor schools
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    Description:   Here it is!! A golden opportunity to own the ONLY promising business on pristine Round Lake. So many opportunities here including the bar, restaurant with a commercial kitchen, attached living quarters, gas pumps, bocce ball court, rental cabin on shoreline, campground with spaces leased annually, shower room for campers, beautiful swimming beach, dock space to use, a separate 30x40 garage, and beautifully landscaped grounds. There is more to see and additional info in file. Qualified buyers only. MUST make an appointment to see during non business hours. List of fixtures included in file. Inventory is separate. Owner has the title for the attached two bedroom mobile home.
    List Price: $729,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Pending
    Contingency: None
    Year Built: 1979
    City: McGregor
    Zip Code: 55760

    Interior

    Building Fin Sq Ft: 3,658 ft²
    Appliances Included: Range, Microwave, Refrigerator, Freezer, Washer, Dryer
    Basement Details: Partial, Poured Concrete

    Exterior

    Air Conditioning: Central
    Heating System: Heat Pump
    Foundation Size: 5,962 ft²
    Shared Amenities: Beach, Dock
    Unit Amenities: Dock
    Road Frontage: County, Township
    Handicap Accessible: None
    Exterior Material: Vinyl
    Garage Spaces: 2
    Other Parking Spaces: 12
    Roof Details: Pitched, Metal, Age Over 8 Years

    Lake/Waterfront

    Lake/Waterfront: Lake Front, Lake View
    Lake/Waterfront Name: Round Lake (01002300)
    DNR Lake ID#: 01002300
    WF Frontage: 150
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Level
    Lake Acres: 554.00000
    Lake Depth: 27
    Lake Bottom: Hard, Sand, Excellent Sand

    Lot

    Acres: 11.7
    Lot Description: Tree Coverage - Medium, Accessible Shoreline
    Latitude: 46.70138400
    Longitude: -93.20498300
    Lot Size Dim.: Irregular,
    Zoning: Business/Commercial

    Schools

    School District: 4 - Mcgregor
    District Phone: 218-768-2111

    Expenses

    Owner Expenses: Insurance, Electric, Fuel, Maintenance/Repair, Snow, Lawn, Taxes

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $5,170
    Assessment Pending: No
    Taxes w/ Assessments: $5,172

    Unit

    Total Rooms in Unit 1: 0
    Total Rooms in Unit 2: 1
    Total Rooms in Unit 3: 0
    Total Units: 1
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Restaurant, Tavern/Lounge, Commercial, Recreational
    Fuel System: Propane
    Miscellaneous: 220 Volt
    Owner Occupied: Y
    Sale Includes: Building, Land, Fixture/Equipment
    Sewer System: Private, Tank with Drainage Field
    Utilities: Heating Common, Electric Common
    Water System: Well

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    Jeff Zajac
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    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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