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Active
$379,800
/mo Edit
Commercial:  Business Opportunity
Built 1950
1.03 acres
Park Rapids schools
MLS# 6586655
My rating:
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    Property Description

    Excellent opportunity to own this established bar / restaurant on US Hwy 71 just miles from Itasca State Park, located on and surrounded by thousands of miles of ATV and snowmobile trails. This bar location has been established for decades, has a great atmosphere & a loyal customer base. Comes turnkey with updates & upgrades inside and out, such as the commercial kitchen, plumbing & beautiful custom bar to note a few. Large parking lot and room to expand. Start your new business venture today!

    Listing

    Contingency: None
    City: Park Rapids
    County: Hubbard
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56470

    Interior

    Basement Details: Crawl Space

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 40
    Air Conditioning: Central Air
    Foundation Size: 2,060 ft2
    Handicap Accessible: Other
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • Parking Lot
    Unit Amenities:
    • Hardwood Floors
    • Natural Woodwork
    • Other
    • Patio
    • Vaulted Ceiling(s)
    Road Frontage: Highway
    Exterior Material: Log Siding
    Roof Details: Metal

    Lot & Land

    Acres: 1.03
    Geolocation: 47.119526, -95.152252
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Other
    Lot Dimensions: 300 x 150 x 300 x 150
    Zoning: Business/Commercial

    Schools

    School District: 309
    District Phone: 218-237-6500

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,612
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,612

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Restaurant
    Fuel System:
    • Electric
    • Propane
    Owner Occupied: Yes
    Sewer System:
    • Private Sewer
    • Tank with Drainage Field
    Available Utilities:
    • Electric Separate
    • Heating Separate
    Water System:
    • Private
    • Well

    Mortgage Calculator

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    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 eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.