For Sale: Cannon Falls MLS# 4978261
Active
$224,900
Commercial: Business Opportunity
Built 1953
12.9 acres
Cannon Falls schools
MLS# 4978261
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
This is a project; buyer should expect to update from current conditions. Property is zoned for roadside commercial use. Currently a restaurant called Time Out. Property sits on 12.47 acres & backs to trees. Building includes kitchen, range, grill, 2 fryers, walk-in cooler & refrigerator.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$224,900
Property Type:
Commercial
City:
Cannon Falls
Garage Spaces:
2
County:
Goodhue
Year Built:
1953
State:
MN
Property Style:
Business Opportunity
Zip Code:
55009
Interior
Ranges:
One
Refrigerators:
One
Appliances Included:
- Cooktop
- Exhaust Fan
- Indoor Grill
- Range
- Refrigerator
- Wall Oven
Basement Details:
- Block
- Full
- Unfinished
Exterior
Garage Spaces:
2
Garage Dimensions:
20x14
Garage Size:
280 ft2
Other Parking Spaces:
50
Air Conditioning:
Central Air
Foundation Size:
5,700 ft2
Handicap Accessible:
No Stairs Internal
Heating System:
Forced Air
Parking Features:
- Detached
- Gravel
Unit Amenities:
- Ceiling Fan(s)
- Deck
- Hardwood Floors
- Natural Woodwork
- Patio
- Vaulted Ceiling(s)
Road Frontage:
State Road
Exterior Material:
Wood Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
12.9
Geolocation:
44.4184111312, -92.8746024185
Inclusions:
Building, Business, Inventory, Land
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Lot Description:
Tree Coverage - Medium
Schools
School District:
252
District Phone:
507-263-6800
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,104
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$3,104
Units
Total Units:
1
Miscellaneous
Current Use:
- Bar/Tavern
- Restaurant
Fuel System:
Propane
Owner Occupied:
No
Sewer System:
Tank with Drainage Field
Available Utilities:
- Electric Common
- Heating Common
Water System:
Well
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Coldwell Banker Realty.
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.