Sold: Crosslake MLS# 6373372
Sold
$950,000 (list price)
$900,000
Commercial: 1 Story
Built 1971
2.44 acres
Pequot Lakes schools
MLS# 6373372
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Property Description
Check out this successful bar/restaurant in Crosslake with same ownership for 23 years and doing business as the Cedar Chest. This established business is close to downtown Crosslake on Big Pine Lake and a great stop for patrons enjoying the numerous summer, fall and winter activities that this area has to offer. Indoor seating on main and lower level, outdoor seating weather permitting, and open daily year round. The sellers have maintained the building, equipment and grounds over the years and the new owner can take possession of a business that has solid numbers and is in excellent condition. Sale includes building, business, equipment and land. The list of equipment, and improvements are in the supplements. Seller will consider a contract for deed.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$950,000
Sold Price:
$900,000
Sold Date:
04/02/2024
Property Type:
Commercial
City:
Crosslake
Garage Spaces:
0
County:
Crow Wing
Year Built:
1971
State:
MN
Property Style:
1 Story
Zip Code:
56442
Interior
Ranges:
One
Refrigerators:
Six or More
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
37
Air Conditioning:
Central Air, Ductless Mini-Split
Foundation Size:
1,776 ft2
Foundation Dimensions:
26 X 48 irreg
Handicap Accessible:
Grab Bars In Bathroom, Partially Wheelchair, Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
- Ductless Mini-Split
- Forced Air
Parking Features:
- Parking Lot
- Paved
Road Frontage:
County Road
Exterior Material:
- Cedar
- Engineered Wood
Roof Details:
- Age Over 8 Years
- Asphalt
- Pitched
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Pine Lake (18026100)
Waterfront View:
Lake
DNR Lake ID#:
18026100
Waterfront Slope:
Steep
Lake Chain Name:
N
Lake Acres:
323
Lake Depth:
16
Waterfront:
Lake Front
Lot & Land
Acres:
2.44
Geolocation:
46.63552200, -94.11872800
Inclusions:
Building, Business Assets, Fixture/Equipment, Land
Lot Dimensions:
322X257X204X61X132X379
Addl Parcels:
14320657, 14320658
Zoning:
Business/Commercial
Lot Description:
- Accessible Shoreline
- Cleared
- Irregular Lot
- Tree Coverage - Medium
- Underground Utilities
Farm
Topography:
Level
Schools
School District:
186
District Phone:
218-568-4996
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$3,683
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,908
Units
Total Units:
1
Miscellaneous
Current Use:
Restaurant
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
- Private Sewer
- Tank with Drainage Field
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
- Drilled
- Private
- Well
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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 Dane Arthur Real Estate Agency-Crosslake.
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.