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Active
$750,000
/mo Edit
Commercial:  Business Opportunity
Built 1910
0.26 acres
Delano schools
MLS# 6468209
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    Property Description

    There is an exclusion to listing Fabulous opportunity to own a successful bar & restauraunt with great activity, 2 bars upper & lower, old charm, currently "Pig on the Porch" open 5 days a week wed-Sun Additional income with pull tabs, great revenue! Also outdoor patio seating too!

    Listing

    Contingency: None
    City: Loretto
    County: Hennepin
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55357
    Subdivision Name: Loretto

    Interior

    Ceiling Height: 11-15
    Ranges: Two
    Refrigerators: Two
    Appliances Included:
    • Double Oven
    • Exhaust Fan
    • Freezer
    • Indoor Grill
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Wall Oven
    • Water Softener Owned
    Basement Details:
    • Block
    • Brick/Mortar
    • Concrete
    • Drainage System
    • Stone/Rock
    • Storage Space

    Exterior

    Other Parking Spaces: 15
    Air Conditioning: Central Air
    Foundation Size: 2,052 ft2
    Foundation Dimensions: 57x36
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Hot Water
    Parking Features:
    • Asphalt
    • Off Site
    • Paved
    Unit Amenities: Deck
    Road Frontage: City Street
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.26
    Geolocation: 45.054343, -93.636164
    Inclusions: Building, Business, Fixture/Equipment, Land
    Lot Dimensions: Irregular
    Zoning: Business/Commercial

    Schools

    School District: 879
    District Phone: 763-972-3365

    Expenses

    Annual Electric Expense: $4,000
    Annual Insurance Expense: $1,098
    Annual Trash Expense: $4,300
    Tenant Expenses: All Utilities, Cable TV, Electricity, Fuel, Gas, Insurance, Janitorial Service

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $10,097
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $10,097

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    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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    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.