Sold: Minnesota Lake MLS# 6482612
Sold
$1,250,000 (list price)
$700,000
Commercial: Business Opportunity
Built 1989
0.33 acres
Maple River schools
MLS# 6482612
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Property Description
Take a look at this cash flowing property in Minnesota Lake, just south of Mankato. Walk in cooler condenser was replaced in 2023, chicken broaster added in 2023, store was completely remodeled in 2021. Large kitchen, brand new bathroom, and new canopy over gas pumps. True cash flowing operation. Includes three parcels.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$1,250,000
Sold Price:
$700,000
Sold Date:
06/06/2024
Property Type:
Commercial
City:
Minnesota Lake
Garage Spaces:
0
County:
Faribault
Year Built:
1989
State:
MN
Property Style:
Business Opportunity
Zip Code:
56068
Subdivision Name:
Milwaukee Land Cos First Add
Interior
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
8
Air Conditioning:
Central Air
Foundation Size:
1,500 ft2
Foundation Dimensions:
1500
Handicap Accessible:
Fully Wheelchair
Heating System:
Forced Air
Parking Features:
Open
Unit Amenities:
Security System
Road Frontage:
State Road
Exterior Material:
Metal Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.33
Geolocation:
43.847762, -93.834278
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
Lot Dimensions:
196 x 172
Zoning:
Business/Commercial
Schools
School District:
2135
District Phone:
507-524-3915
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$1,109
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$1,178
Units
Total Units:
1
Miscellaneous
Current Use:
Professional/Office
Fuel System:
Electric
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
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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 True Real Estate.
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.