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Active
$274,900
/mo Edit
Commercial:  Business,Other
Built 1912
0.08 acres
Redwood Area schools
MLS# 6622185
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    Property Description

    A remodeled restaurant with an exciting opportunity to expand! This turnkey business comes with everything you need, including the corporation, all furnishings, equipment, and current inventory. Recent renovations have modernized the space, creating a welcoming atmosphere for patrons. The business will also be eligible to apply for its liquor license in January 2025, providing an additional revenue stream. Included in the sale is the building next door, offering even more potential. With its own entrance and a connecting door to the restaurant, this property could be renovated into a rental space or utilized for extra seating or other restaurant uses. This is a unique opportunity to own a business and a versatile property with endless possibilities for growth and expansion! Donâ??t miss out!

    Listing

    Contingency: None
    City: Redwood Falls
    County: Redwood
    State: MN
    Property Style: Business, Other
    Zip Code: 56283

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 0
    Foundation Size: 7,680 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.08
    Geolocation: 44.5404347645, -95.1168837203
    Inclusions: Building, Business, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 64 x 120
    Addl Parcels: 882001680
    Zoning: Business/Commercial

    Schools

    School District: 2897
    District Phone: 507-644-8064

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,454
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,454

    Units

    Total Units: 2

    Miscellaneous

    Current Use: Restaurant
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

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