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Sold
$450,000  (list price)
$450,000
/mo Edit
Commercial:  Business Opportunity
Built 2004
2.82 acres
Mcgregor schools
MLS# 6027742
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    Property Description

    The "Horseshoe Lake Inn" is for sale. This establishment has been around for decades serving the public fine food and beverages. The business will be sold with the contents, furniture, appliances, utincils AND the inventory. The property has 440 feet of shoreline. Plenty of docking space, and the docks are included. Premium gas service lakeside. Gas tank is in compliance. Comfortable Lounge and dining room. Lounge dining area and log bar. 40'x40 detached garage/workshop insulated and heated. Another thought would be that someone could rezone and remodel the place into a home or duplex. There is also a living quarters in the back. Here is your opportunity to get out of the cities and live the clean comfortable life here in the lakes area. This business has always done well! Think about it and then come look.

    Listing

    Contingency: None
    City: McGregor
    County: Aitkin
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55760

    Interior

    Appliances Included:
    • Cooktop
    • Dishwasher
    • Dryer
    • Exhaust Fan
    • Freezer
    • Indoor Grill
    • Microwave
    • Other
    • Range
    • Refrigerator
    • Wall Oven
    • Washer

    Exterior

    Garage Spaces: 2
    Other Parking Spaces: 30
    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 4,724 ft2
    Handicap Accessible: No Stairs Internal
    Unit Amenities:
    • Ceiling Fan(s)
    • Dock
    • Natural Woodwork
    • Patio
    • Security System
    • Vaulted Ceiling(s)
    • Washer/Dryer Hookup
    Road Frontage:
    • County Road
    • Paved Streets
    Exterior Material:
    • Log Siding
    • Wood Siding
    Roof Details: Metal

    Lake & Waterfront

    Lake / Waterfront: Lake Front
    Lake / Waterfront Name: Horseshoe Lake (Shamrock Twp.)
    DNR Lake ID#: 01003400
    WF Frontage: 440
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Level
    Lake Acres: 240
    Lake Depth: 12
    Lake Bottom: Sand

    Lot

    Acres: 2.82
    Geolocation: 46.71951223, -93.20369436
    Lot Dimensions: 440 x 220 x 310 x 320
    Topography: Level
    Zoning: Business/Commercial
    Lot Description:
    • Accessible Shoreline
    • Tree Coverage - Light

    Schools

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

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $5,582
    Assessment Pending: No
    Taxes w/ Assessments: $5,582

    Unit

    Total Units: 1

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Restaurant
    Fuel System: Propane
    Sewer System:
    • Mound Septic
    • Private Sewer
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System:
    • Drilled
    • Private
    • Well

    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!

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    Listing provided by RMLS, courtesy of McGregor Realty & Property.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.