For Sale: Loretto MLS# 6468209
Active
$750,000
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
Listing Status:
Active
Contingency:
None
List Price:
$750,000
Property Type:
Commercial
City:
Loretto
County:
Hennepin
Year Built:
1910
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
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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 Coldwell Banker Realty.
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.