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Commercial:  Business Opportunity
Built 1983
0.62 acres
Ogilvie schools
MLS# 6028805
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    Description:   Imagine, if you will, this multi-faceted venture on Ann Lake, just North of Ogilvie waiting for new owners to make it their own! Starting off is a 7 BR 3 BA Air BnB home divided into 2 living areas, complete with decks, kitchens, living areas, patio areas, boat docks, and a scenic lake view. All seasons rental potential and income! Then comes the newly finished (early October '21) 2BR 1BA home for either year round rental, or as an Air BnB. It also boasts a lake view with a boat dock. But wait, there is more!!! A successful bar/restaurant that seats 100 in the event center and 50 in the bar. Complete kitchen for service to both areas. Newer XXXXXL patio with gas fireplace, table seating, panoramic lake view, and boat docks for boat up access. Game area, hi top tables, bar seating too. You need to check this amazing venture soon! Enjoy the view from the patio as you contemplate life's future.
    List Price: $975,000
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Business Opportunity
    Year Built: 1983
    City: Ogilvie
    County: Kanabec
    State: MN
    Zip Code: 56358


    Building Fin Sq Ft: 1 sqft
    Appliances Included: Range, Microwave, Exhaust Fan, Dishwasher, Refrigerator, Freezer, Fuel Tank - Rented
    Total Ranges: Three
    Total Refrigerators: Four
    Basement Details: None


    Air Conditioning: Central Air
    Heating System: Forced Air
    Foundation Size: 1 sqft
    Shared Amenities: Boat Slip
    Unit Amenities: Deck, Patio, Porch, Dock, Natural Woodwork, Balcony, Kitchen Window, Ceiling Fan(s), Vaulted Ceiling(s), Panoramic View, Boat Slip
    Road Frontage: County Road, Paved Streets
    Handicap Accessible: No Stairs Internal, No Stairs External, Doors 36"+, Partially Wheelchair, Other
    Exterior Material: Metal Siding, Cedar, Vinyl Siding
    Garage Spaces: 0
    Other Parking Spaces: 35
    Roof Details: Asphalt, Pitched, Age 8 Years or Less, Age Over 8 Years, Metal


    Lake/Waterfront: Lake Front
    Lake/Waterfront Name: Ann
    DNR Lake ID#: 33004000
    WF Frontage: 800
    Elev Highpt to WF feet: 4-10
    Waterfront Slope: Gradual, Level
    Lake Acres: 653
    Lake Depth: 17
    Lake Bottom: Gravel, Hard, Rocky, Sand, Soft, Weeds, Undeveloped


    Acres: 0.62
    Lot Description: Irregular Lot, Tree Coverage - Light
    Latitude: 45.90114237
    Longitude: -93.42697477
    Lot Size Dim.: Irregular
    Dev/Complex Name: Aud Sub
    Zoning: Business/Commercial


    School District: 333
    District Phone: 320-272-5075


    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $13,420
    Assessment Pending: No
    Taxes w/ Assessments: $13,420


    Total Units: 3
    Unit Number: 1


    Current Use: Restaurant, Bar/Tavern, Resort, Food Service, Event Space, Other
    Fuel System: Propane
    Owner Occupied: No
    Sewer System: Private Sewer, Holding Tank
    Available Utilities: Electric Separate, Heating Separate, Hot Water Separate
    Water System: Well, Private, Drilled

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    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.

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