Sold: Princeton MLS# 6143015
1 / 1
Sold
$499,000 (list price)
$375,000
Commercial: Business Opportunity
Built 1900
0.08 acres
Princeton schools
MLS# 6143015
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Property Description
Owner retiring. K-Bob Cafe has been in the family more then 50 years and now the owners have decided to retire. This place in Downtown Princeton with the slogan, "Where Friends Meet to Eat" Is available for the next new owner with the passion to feed the community. K-Bob Cafe has proven the test of time for multiple decades.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$499,000
Sold Price:
$375,000
Sold Date:
10/19/2022
Property Type:
Commercial
City:
Princeton
Garage Spaces:
0
County:
Mille Lacs
Year Built:
1900
State:
MN
Property Style:
Business Opportunity
Zip Code:
55371
Subdivision Name:
Damons Add
Interior
Ceiling Height:
8-10
Appliances Included:
- Cooktop
- Dishwasher
- Disposal
- Exhaust Fan
- Freezer
- Gas Water Heater
- Humidifier
- Microwave
- Range
- Refrigerator
- Trash Compactor
- Wall Oven
- Water Filtration System
- Water Softener Owned
Basement Details:
- Full
- Partially Finished
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
4
Air Conditioning:
Central Air
Foundation Size:
3,600 ft2
Foundation Dimensions:
24X60X24X90
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
More Parking Onsite for Fee
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Wood Siding
Lot & Land
Acres:
0.08
Geolocation:
45.569585, -93.580244
Inclusions:
Building, Business Assets, Business, Fixture/Equipment
Lot Dimensions:
50 x 120
Addl Parcels:
240410210
Zoning:
Business/Commercial
Lot Description:
Zero Lot Line
Schools
School District:
477
District Phone:
763-389-2422
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$5,812
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,812
Land Lease Amount:
0
Units
Total Units:
2
Miscellaneous
Current Use:
- Bar/Tavern
- Commercial
- Food Service
- Restaurant
- Retail
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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
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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 |
| 2026 | $3,155 | $20,363 | $23,517 | $296,845 |
| 2027 | $3,377 | $20,141 | $23,517 | $293,469 |
| 2028 | $3,614 | $19,903 | $23,517 | $289,854 |
| 2029 | $3,869 | $19,649 | $23,517 | $285,986 |
| 2030 | $4,141 | $19,376 | $23,517 | $281,845 |
| 2031 | $4,432 | $19,085 | $23,517 | $277,412 |
| 2032 | $4,744 | $18,773 | $23,517 | $272,668 |
| 2033 | $5,078 | $18,439 | $23,517 | $267,590 |
| 2034 | $5,435 | $18,082 | $23,517 | $262,155 |
| 2035 | $5,818 | $17,699 | $23,517 | $256,337 |
| 2036 | $6,227 | $17,290 | $23,517 | $250,109 |
| 2037 | $6,666 | $16,852 | $23,517 | $243,444 |
| 2038 | $7,135 | $16,383 | $23,517 | $236,309 |
| 2039 | $7,637 | $15,880 | $23,517 | $228,672 |
| 2040 | $8,174 | $15,343 | $23,517 | $220,498 |
| 2041 | $8,749 | $14,768 | $23,517 | $211,748 |
| 2042 | $9,365 | $14,152 | $23,517 | $202,383 |
| 2043 | $10,024 | $13,493 | $23,517 | $192,359 |
| 2044 | $10,730 | $12,788 | $23,517 | $181,629 |
| 2045 | $11,485 | $12,033 | $23,517 | $170,145 |
| 2046 | $12,293 | $11,224 | $23,517 | $157,852 |
| 2047 | $13,158 | $10,359 | $23,517 | $144,693 |
| 2048 | $14,084 | $9,433 | $23,517 | $130,609 |
| 2049 | $15,075 | $8,442 | $23,517 | $115,534 |
| 2050 | $16,136 | $7,381 | $23,517 | $99,398 |
| 2051 | $17,272 | $6,246 | $23,517 | $82,127 |
| 2052 | $18,487 | $5,030 | $23,517 | $63,640 |
| 2053 | $19,788 | $3,729 | $23,517 | $43,852 |
| 2054 | $21,181 | $2,337 | $23,517 | $22,671 |
| 2055 | $22,671 | $846 | $23,517 | $0 |
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 RE/MAX Results.
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.