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Active
$305,000
/mo Edit
Commercial:  Business Opportunity
Built 1977
0.19 acres
Marshall schools
MLS# 6580798
My rating:
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    Property Description

    Discover an exceptional opportunity to own a your very own restaurant on a prime corner lot located on East College Drive in Marshall. This bustling and highly sought-after part of town is known for its heavy foot traffic and vibrant atmosphere, nestled among several schools, dining options, and businesses. The restaurant features both dine-in and a convenient drive-through, making it an ideal choice for customers on the go. The corner lot offers multiple entries to the parking lot and drive-through, ensuring easy access and smooth traffic flow. Equipped with a security system, the property ensures peace of mind for owners and patrons alike. This prime location offers unparalleled visibility and access, perfect for attracting a steady stream of customers and driving business success. Schedule your showing today and discover your potential!

    Listing

    Contingency: None
    City: Marshall
    County: Lyon
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56258

    Interior

    Refrigerators: One
    Basement Details: Partial

    Exterior

    Stories: One
    Other Parking Spaces: 36
    Foundation Size: 972 ft2
    Handicap Accessible: Grab Bars In Bathroom, No Stairs External
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Guest Parking
    Road Frontage:
    • Curbs
    • Paved Streets
    • Sidewalks
    • State Road
    • Street Lights
    Exterior Material: Stucco

    Lot & Land

    Acres: 0.19
    Geolocation: 44.450176, -95.768802
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 0.478 Acres
    Addl Parcels: 275980300
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 413
    District Phone: 507-537-6924

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,989
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,112

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Food Service
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    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 price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.