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Active
$732,000
/mo Edit
Commercial:  Business Opportunity
Built 1970
0.23 acres
Waterville-Elysian-Morris schools
MLS# 6625275
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    Property Description

    Discover a golden opportunity in Waterville, Minnesota! This newly listed commercial property offers a thriving year-round restaurant that's been a local favorite for years. Recently renovated from top to bottom in spring/summer 2023, this turnkey business is ready for its next owner to step in and continue its success. The restaurant boasts a diverse menu featuring a wide variety of ice cream flavors, mouth-watering broasted chicken, juicy burgers, delicious baskets, and a full breakfast menu. Located conveniently off Highway 13 and near the beautiful Sakatah Lake, this restaurant benefits from both local traffic and visitors exploring the area. The prime location ensures a steady stream of customers year-round. This turnkey business opportunity includes all appliances, commercial kitchen equipment, indoor and outdoor seating, and any remaining inventory at closing. The sale even includes the business name "What's The Scoop, LLC, " giving you a head start in brand recognition. This comprehensive package allows for a seamless transition and immediate operation. The complete renovation has transformed the space, creating a fresh and inviting atmosphere for diners. The quality of the build is evident throughout, from the kitchen to the dining area. Whether you're an experienced restaurateur or an entrepreneur looking for an exciting venture, this property presents an excellent business opportunity. With its established customer base and recent upgrades, you'll be well-positioned for success. Don't miss out on this chance to own a beloved local eatery in a charming Minnesota town. Schedule a viewing today and see for yourself the potential this property holds!

    Listing

    Contingency: None
    City: Waterville
    County: Le Sueur
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56096
    Subdivision Name: P P & H Add

    Interior

    Ceiling Height: 8-10
    Refrigerators: Two
    Appliances Included: Gas Water Heater
    Basement Details: Slab

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 1,152 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Open
    • Paved
    Shared Amenities: None
    Road Frontage:
    • City Street
    • Highway
    Exterior Material: Metal Siding
    Roof Details:
    • Age 8 Years or Less
    • Metal

    Lot & Land

    Acres: 0.23
    Geolocation: 44.218012, -93.561505
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 200 x 41 x 50 x 197 x 10
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 2143
    District Phone: 507-275-3115

    Expenses

    Annual Fuel Expense: $1,380
    Annual Trash Expense: $1,200
    Annual Water/Sewer Expense: $1,920

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,628
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,682

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Food Service
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: None
    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 Coldwell Banker River Valley, REALTORS.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.