For Sale: Cass Lake MLS# 6600152
Active
$1,499,999
Commercial: Business,Retail
Built 2015
0.64 acres
Cass Lake-Bena schools
MLS# 6600152
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Property Description
Looking for a prime established and operating business opportunity?
This bait and pawn shop and tackle company is the perfect catch!
With a loyal customer base, prime location, and endless potential, this is your chance to reel in a profitable venture. Let's dive into what makes this business so special!
Welcome to an incredible business opportunity in Cass Lake, MNâ??a thriving bait and pawn shop, coupled with the rapidly growing Big Nasty Tackle company. This well-established business is housed in a spacious, energy-efficient building spanning over 5, 460 square feet. The bright and inviting retail space, covering 2, 520 square feet, is fully equipped with bait tanks, retail shelving, display cases, two point-of-sale counters, making it a one-stop shop for local fishermen and outdoor enthusiasts.
The heart of the Big Nasty Tackle company beats in the 1, 600 square feet of heated storage and warehouse space in the middle of the building. This is where innovative tackle products are created, loved by wholesale partners and local anglers alike. With the company's rapid growth, it adds a significant profit to the bottom line.
In the back, youâ??ll find over 1, 200 square feet of finished storage, perfect for keeping your inventory safe. The property also includes a privately fenced backyard, offering secure storage for your goods. Whether youâ??re looking to expand an existing business or dive into a new venture, this opportunity offers endless potential in a prime location.
Cass Lake, Minnesota, is a gem in the heart of the Northwoods, known for its stunning natural beauty and vibrant outdoor culture. The area is surrounded by pristine lakes, dense forests, and abundant wildlife, making it a haven for outdoor enthusiasts, anglers, and tourists year-round.
Cass Lake itself is part of the Cass Lake Chain of Lakes, offering world-class fishing for walleye, northern pike, and muskie, among other species. The area draws fishing enthusiasts from all over, creating a steady flow of customers to this local bait shop. Additionally, the town of Cass Lake has a tight-knit community that values its small businesses, providing a supportive environment for entrepreneurs.
The location situated just off the intersection of Highway 2 and Highway 371, across the road from the Cedar Lakes Casino and next door to the market, liquor store, and lumber yard. This town is a popular destination for campers, boaters, and hunters, adding to the demand for outdoor and recreational supplies. With its proximity to the Chippewa National Forest, thereâ??s no shortage of outdoor activities to attract visitors. As a business owner, youâ??ll benefit from the areaâ??s rich natural resources, strong community ties, and steady tourism, making it an ideal spot for a bait and pawn shop business.
Buyers: To make this easier: Seller may be willing to do a seller carryback/seller financing on a portion of the purchase price, with an acceptable offer!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,499,999
Property Type:
Commercial
City:
Cass Lake
Garage Spaces:
1
County:
Cass
Year Built:
2015
State:
MN
Property Style:
Business, Retail
Zip Code:
56633
Subdivision Name:
Auditors 3
Interior
Ranges:
One
Refrigerators:
One
Appliances Included:
- Range
- Refrigerator
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
1
Other Parking Spaces:
0
Foundation Size:
5,460 ft2
Foundation Dimensions:
42x130
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Garage Door Opener
- Parking Lot
- Secured
Road Frontage:
- Paved Streets
- Township
Exterior Material:
Steel Siding
Roof Details:
Metal
Lot & Land
Acres:
0.64
Geolocation:
47.381649, -94.614392
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Other
Lot Dimensions:
76 x 370
Zoning:
Business/Commercial
Farm
Topography:
Level
Schools
School District:
115
District Phone:
218-335-2204
Expenses
Annual Electric Expense:
$900
Annual Fuel Expense:
$900
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,008
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,308
Units
Total Units:
1
Miscellaneous
Current Use:
- Other
- Retail
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
Private Sewer
Available Utilities:
Electric Separate
Water System:
- Private
- Well
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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.
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!
Listing provided by RMLS,
courtesy of Headwaters Realty Services LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.