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Active
Listed
$450,000
/mo   Edit
MLS# 4636960
Commercial
Built 2004
Mcgregor schools
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    Description:   Fantastic Bar & Restaurant Located on Horseshoe Lake. Full Menu, Featuring German Cuisine. Huge Dining Room with Great Bar Area & Game Room., Walks out to Bocce Ball With Lakeview. Approx 400 Feet Sand Shoreline With Plenty of Docking for Guests. Conveniently Boat up for Gas. Watch the Beautiful Sunsets From the Patio Area. Many Activities Keep this a Thriving Business!! 1 Bedroom Living Quarters, Huge 40x40 Garage. Boat into 2500 acre Minnewawa Lake.GREAT TURN KEY BAR!!!
    List Price: $450,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 2004
    City: McGregor
    Zip Code: 55760

    Interior

    Building Fin Sq Ft: 3,766 ft²
    Appliances Included: Range, Cooktop, Wall Oven, Indoor Grill, Microwave, Exhaust Fan/Hood, Dishwasher, Refrigerator, Freezer, Other
    Basement Details: Slab

    Exterior

    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 3,766 ft²
    Unit Amenities: Deck, Patio, Porch, Dock, Natural Woodwork, Kitchen Window, Vaulted Ceiling(s), Tiled Floors, Washer/Dryer Hookup, Security System, Local Area Network, Multiple Phone Lines, Other
    Road Frontage: Township, Paved Streets
    Handicap Accessible: No Stairs Internal
    Exterior Material: Wood, Log Siding
    Garage Spaces: 4
    Other Parking Spaces: 40
    Roof Details: Age Over 8 Years, Metal

    Lake/Waterfront

    Lake/Waterfront: Lake Front, Lake View, Dock
    Lake/Waterfront Name: Horseshoe Lake (Shamrock Twp.)
    DNR Lake ID#: 01003400
    WF Frontage: 440
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Gradual
    Lake Acres: 244.00000
    Lake Depth: 12
    Lake Bottom: Sand

    Lot

    Acres: 0
    Lot Description: Corner Lot, Tree Coverage - Light, Other
    Latitude: 46.72003200
    Longitude: -93.20324500
    Lot Size Dim.: 440X220X310X320
    Zoning: Business/Commercial, Shoreline

    Schools

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

    Expenses

    Annual Electric Expense: $19,670
    Annual Fuel Expense: $9,866
    Annual Insurance Expense: $11,580
    Annual Maintenance Expense: $5,755
    Annual Repair Expense: $2,330
    Annual Trash Expense: $1,637
    Annual Water/Sewer Expense: $100

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $7,736
    Assessment Pending: No
    Taxes w/ Assessments: $7,736

    Income

    Annual Gross Income: 347927.00

    Unit

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant, Tavern/Lounge, Food Service, Business Service, Commercial
    Fuel System: Propane
    Miscellaneous: Out Buildings, Three Phase
    Sale Includes: Business, Building, Land, Fixture/Equipment
    Sewer System: Private, Mound, Tank with Drainage Field, Other
    Utilities: Heating Common, Electric Common, Hot Water Common
    Water System: Well, 4-Inch Submersible, Drilled

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    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
    612.268.1503

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