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Active
Listed
$800,000
/mo   Edit
MLS# 5570359
Commercial
Built 1962
0.9 acres
Pillager schools
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    Description:   Established bar/restaurant on beautiful Lake Alexander.The only restaurant on lake, remodeled bar area in 2019.Total seating of 160. 50+ outdoor patio/tiki bar seating. Kitchen & bar equipment is modern and well cared for. Large living quarters above restaurant. On/off sale, large dock system, gas sales/fuel tank on the water with separate dock. Private boat landing. Established live music venue. All this sits on 250' of stunning lake frontage.
    List Price: $800,000
    Sold Date: 0000-00-00
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Business Opportunity
    Year Built: 1962
    City: Cushing
    County: Morrison
    State: MN
    Zip Code: 56443

    Interior

    Building Fin Sq Ft: 5,444 ft²
    Appliances Included: Other
    Basement Details: None

    Exterior

    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 4,196 ft²
    Shared Amenities: Deck, Patio
    Road Frontage: County Road
    Handicap Accessible: No Stairs Internal
    Exterior Material: Wood Siding
    Garage Spaces: 0
    Other Parking Spaces: 20
    Roof Details: Asphalt, Age 8 Years or Less

    Lake/Waterfront

    Lake/Waterfront: Lake Front
    Lake/Waterfront Name: Alexander
    DNR Lake ID#: 49007900
    WF Frontage: 250
    Lake Acres: 2708
    Lake Depth: 64

    Lot

    Acres: 0.9
    Lot Description: Irregular Lot
    Latitude: 46.22254900
    Longitude: -94.55982700
    Lot Size Dim.: 230x145x250x90
    Zoning: Business/Commercial

    Schools

    School District: 116
    District Phone: 218-746-3772

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: None
    Total Annual Expenses: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $4,775
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,860

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Unit

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

    Miscellaneous

    Current Use: Restaurant, Bar/Tavern
    Fuel System: Propane
    Owner Occupied: Yes
    Sale Includes: Business, Building, Land
    Sewer System: Private Sewer
    Available Utilities: Heating Separate, Electric Separate, Hot Water Separate
    Utilities: Heating Separate, Electric Separate, Hot Water Separate
    Water System: Well

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    Get to know our Home Mortgage Professionals

    Jason
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    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    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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