My notes for this property


Add listing to my favorites (required)
Sold
$895,000  (list price)
$550,000
/mo Edit
Commercial:  Business Opportunity
Built 1950
MLS# 4933249
My rating:
Request a Showing:
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Tavern & resort located on desirable Balsam Lake! Includes business FF&E and adorable cabin estimated worth of 350, 000

    Listing

    Contingency: None
    City: Balsam Lake
    County: Polk
    State: WI
    Property Style: Business Opportunity
    Zip Code: 54810

    Interior

    Building Finished Area: 4,334 ft2
    Appliances Included:
    • Air-To-Air Exchanger
    • Cooktop
    • Dishwasher
    • Exhaust Fan
    • Freezer
    • Indoor Grill
    • Microwave
    • Range
    • Refrigerator
    • Trash Compactor
    • Wall Oven
    Basement Details:
    • Full
    • Walkout

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 35
    Heating System: Forced Air
    Foundation Size: 3,450 ft2
    Handicap Accessible: None
    Shared Amenities:
    • Deck
    • Patio
    • Porch
    Unit Amenities:
    • Deck
    • Dock
    • Patio
    • Porch
    Road Frontage: County Road
    Exterior Material: Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched
    • Rubber
    • Shake

    Lake & Waterfront

    Lake / Waterfront: Lake Front
    Lake / Waterfront Name: Balsam Lake
    DNR Lake ID#: W00000526
    Lake Acres: 1901
    Lake Depth: 37

    Lot

    Acres: 0
    Geolocation: 45.45183358, -92.44802872
    Lot Dimensions: See Survey Map
    Zoning: Business/Commercial
    Lot Description:
    • Irregular Lot
    • Tree Coverage - Light

    Schools

    School District: W238
    District Phone: 715-825-3515

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $7,200
    Assessment Pending: No
    Taxes w/ Assessments: $7,200

    Unit

    Total Units: 2

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Commercial
    • Residential
    • Restaurant
    Fuel System: Natural Gas
    Owner Occupied: Yes
    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.