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Active
$650,000
/mo Edit
Commercial:  Business Opportunity
Built 1977
1.13 acres
Fergus Falls schools
MLS# 6514833
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    Property Description

    Offering a fully operational restaurant property located in a prime I-29 corridor location. Currently operated as a franchised Pizza Ranch restaurant in the busy and vibrant west central Minnesota community of Fergus Falls. This listing is for the REAL ESTATE ONLY. The existing Pizza Ranch franchised business and equipment is available and listed separately. Fergus Falls is located where Minnesota lake country begins with a population of 14, 000+ residents and is the county seat of Ottertail County. This is a great opportunity for someone to acquire a very reasonably priced, operating, turn-key restaurant located in a great location in this vibrant city and consider keeping the current franchise or transitioning as a new buyer decides. An exceptional investment opportunity awaits!

    Listing

    Contingency: None
    City: Fergus Falls
    County: Otter Tail
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56537
    Subdivision Name: Holiday Inn Add

    Exterior

    Garage Door Height: 0
    Other Parking Spaces: 74
    Foundation Size: 4,529 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: Paved
    Exterior Material:
    • Brick/Stone
    • Wood Siding

    Lot & Land

    Acres: 1.13
    Geolocation: 46.290983, -96.117534
    Inclusions: Building, Business Assets, Fixture/Equipment
    Lot Dimensions: 175 x 282
    Zoning: Business/Commercial

    Schools

    School District: 544
    District Phone: 218-998-0544

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $10,398
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $12,894

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    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 Keller Williams Siouxland.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.