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Active
$649,000
/mo Edit
Commercial:  2 Stories
Built 1910
0.12 acres
Battle Lake schools
MLS# 6578645
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    Property Description

    Stevelly's Steak and Seafood is on the market for the first time! Here is your chance to walk into a fully functional, profitable, fine dining establishment located in what has become a food destination City, Battle Lake, MN. It is located on prime real estate in the heart of down town with frontage on a high traffic count State Highway. You can continue operating as is, serving upscale entree's that people drive many miles for, or make it your own by adding signature dishes, desserts and cocktails. The property features a full service bar, plenty of seating and has had many, many equipment upgrades in the last few years. A new walk-in cooler, new HVAC equipment, new POS system, new kitchen equipment (too much to list here) and a newer roof are a few of the highlights. The restaurant is currently serving dinner from 4-9pm, five days per week which means there is huge upside income potential for an operator who wanted to open for breakfast and or lunch and operate 7 days per week. If you want to be your own boss and take over a very popular, well established restaurant, this would work well. Or maybe you have your own ideas and visions for a cafe, chop house or whatever you want, this space could be the perfect fit.

    Listing

    Contingency: None
    City: Battle Lake
    County: Otter Tail
    State: MN
    Property Style: 2 Stories
    Zip Code: 56515
    Subdivision Name: Bowman & Duntons Add

    Interior

    Basement Details: Partial

    Exterior

    Stories: Two
    Garage Spaces: 0
    Garage Dimensions: 0X0
    Other Parking Spaces: 4
    Air Conditioning: Central Air, Wall Unit(s)
    Foundation Size: 2,427 ft2
    Foundation Dimensions: 32x80
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Forced Air
    • Radiant
    Parking Features: On-Street Parking Only
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Vinyl Siding
    • Wood Siding
    Roof Details:
    • Asphalt
    • Metal

    Lot & Land

    Acres: 0.12
    Geolocation: 46.282526, -95.713621
    Inclusions: Building, Business, Fixture/Equipment
    Lot Dimensions: 37 x 134
    Zoning: Business/Commercial

    Schools

    School District: 542
    District Phone: 218-864-5215

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,652
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,652

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Food Service
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Weichert, Realtors - Paulson Land Co.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.