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Active
$715,000
/mo   Edit
Commercial:  Business Opportunity
Built 1940
2.03 acres
Watertown-Mayer schools
MLS# 5680298
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    Description:   Landmark opportunity. Iconic Hollywood Roadhouse, top 10 beer joints in the state for 8 straight years & top whiskey bar 2 years in a row. 7000 sq ft to spread out in, it has 2 separate party rooms, an awesome patio area, live music area, full kitchen, a full bar, and restaurant seating. This is a craft beer destination. 40 tap lines. Prime Hwy 7 location, biker & snowmobiler delight.
    List Price: $715,000
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Business Opportunity
    Year Built: 1940
    City: New Germany
    County: Carver
    State: MN
    Zip Code: 55367

    Interior

    Building Fin Sq Ft: 7,000 sqft
    Appliances Included: Range, Microwave, Exhaust Fan, Refrigerator, Freezer, Washer, Dryer, Water Softener Owned, Electric Water Heater, Fuel Tank - Rented, Water Filtration System
    Total Ranges: One
    Total Refrigerators: Three
    Basement Details: Partial, Drain Tiled, Sump Pump, Block, Slab

    Exterior

    Air Conditioning: Central Air, Wall Unit(s)
    Heating System: Forced Air, Other
    Foundation Size: 7,000 sqft
    Shared Amenities: Patio
    Unit Amenities: Patio
    Road Frontage: County Road, State Road, Paved Streets
    Handicap Accessible: No Stairs External
    Exterior Material: Wood Siding, Metal Siding
    Garage Spaces: 0
    Other Parking Spaces: 100
    Roof Details: Pitched, Flat, Rubber

    Lot

    Acres: 2.03
    Latitude: 44.90414998
    Longitude: -93.97054001
    Lot Size Dim.: 180x161x251x304x336
    Zoning: Business/Commercial, Industrial

    Schools

    School District: 111
    District Phone: 952-955-0480

    Expenses

    Annual Electric Expense: $18,000
    Annual Fuel Expense: $9,810
    Annual Insurance Expense: $8,000
    Annual Maintenance Expense: $1,000
    Annual Trash Expense: $3,600
    Annual Water/Sewer Expense: $600
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $9,908
    Assessment Pending: No
    Taxes w/ Assessments: $9,908

    Unit

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant, Bar/Tavern, Food Service
    Fuel System: Electric, Propane
    Sewer System: Private Sewer, Mound Septic
    Available Utilities: Heating Separate, Electric Separate, Hot Water Separate
    Water System: Well, Private

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    Local Home Mortgage Professionals

    Jeff
    Zajac
    Truestone
    Justin
    Larson
    Movement
    Jeff Zajac
    Area Sales Manager
    Truestone Home Mortgage
    NMLS#373627
    Jeff Zajac joined the Truestone Home Mortgage 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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