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Active
$1,300,000
/mo Edit
Commercial:  2 Stories
Built 1969
0.7 acres
Mounds View schools
MLS# 6581781
My rating:
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    Property Description

    Appraisal is available from 2018 for $1, 250, 000. Zoned C2. 5.5 stalls/1000' of net floor area. 43 parking places. 147' frontage on County Road E.

    Listing

    Contingency: None
    City: Shoreview
    County: Ramsey
    State: MN
    Property Style: 2 Stories
    Zip Code: 55126
    Subdivision Name: Section 35 Town 30 Range 23

    Interior

    Ceiling Height: 8-10
    Appliances Included: Gas Water Heater
    Basement Details: Slab

    Exterior

    Stories: Two
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 5,417 ft2
    Foundation Dimensions: 64 x 80
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    Parking Features: Parking Lot
    Shared Amenities: Fire Sprinkler System
    Road Frontage: City Street
    Exterior Material: Brick/Stone
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.7
    Geolocation: 45.049896, -93.146021
    Inclusions: Building
    Lot Dimensions: .7
    Zoning: Business/Commercial
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 621
    District Phone: 651-621-6001

    Expenses

    Annual Electric Expense: $6,345
    Annual Fuel Expense: $6,345
    Annual Insurance Expense: $4,000
    Annual Maintenance Expense: $5,400
    Annual Gross Expense: $126,237
    Annual Trash Expense: $4,337
    Annual Water/Sewer Expense: $1,975
    Tenant Expenses: Fuel, Repairs, Taxes, Trash Collection

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $32,178
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $32,178

    Income

    Annual Gross Income: $129,349

    Rent

    Annual Net Income: $3,112

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Bar/Tavern
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

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    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 Counselor Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.