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Active
$369,000
/mo Edit
Commercial:  Business Opportunity
Built 1961
0.63 acres
Albert Lea schools
MLS# 6737618
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    Property Description

    This is the GOLDEN opportunity to be your own boss! Just over a half acre lot with a 2, 970 square foot building. Located on US Hwy 69 and in close proximity to Diamond Jo Casino and 3 campgrounds. This bar has been operational for over 60 years and has had only 3 owners in that time.

    Listing

    Contingency: None
    City: Twin Lakes
    County: Freeborn
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56089

    Interior

    Appliances Included:
    • Dryer
    • Freezer
    • Gas Water Heater
    • Washer
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 40
    Air Conditioning: Central Air
    Foundation Size: 2,970 ft2
    Handicap Accessible: Fully Wheelchair, No Stairs External
    Heating System: Forced Air
    Parking Features: Gravel
    Road Frontage: Highway
    Exterior Material: Block
    Roof Details: Metal

    Lot & Land

    Acres: 0.63
    Geolocation: 43.561901, -93.42225
    Inclusions: Building, Business, Fixture/Equipment
    Lot Dimensions: 150 x 194 x 150 x 200
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 241
    District Phone: 507-379-4800

    Expenses

    Annual Electric Expense: $4,018
    Annual Fuel Expense: $1,023
    Annual Insurance Expense: $5,400
    Annual Maintenance Expense: $1,500
    Annual Water/Sewer Expense: $1,060

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,610
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,610

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Bar/Tavern
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: None
    Water System: City Water/Connected

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    Payment:  /mo

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