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Active Contingent
$695,000
/mo Edit
Commercial:  Business Opportunity
Built 1938
1.85 acres
St. Cloud schools
MLS# 6428425
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    Property Description

    This is a beautiful bar/restaurant facility with many recent interior upgrades, large outdoor patio and docks for boating customers. Also adjacent to busy public access. Dining and lounge areas overlook the lake with lots of full-length windows. Two large bar areas to accommodate large/multiple events. Newer state of the art POS system. Building improvements were recently completed in excess of $200, 000. This facility can accommodate weddings and banquets for up to 450 people, making it one of the largest venues for weddings and banquets in Central MN. Multiple areas with flexible seating for private dining as well as large events. Lounge seats 91 with 18 at the bar, Patio seats 71, Main Dining area seats 169, Banquet room/Back bar seats 160 and Sunroom seats 50. Unfortunate circumstances caused this business to recently close. This facility has been operated successfully for over 40 years. Very popular venue for large weddings and banquets and one of the few located on a lake.

    Listing

    Contingency: Subject to Financing
    City: Rockville
    County: Stearns
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56301

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 100
    Foundation Size: 10,000 ft2
    Handicap Accessible: Partially Wheelchair, Wheelchair Ramp(s)
    Heating System: Forced Air
    Parking Features: Parking Lot
    Exterior Material: Cedar

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Pleasant
    DNR Lake ID#: 73005100
    WF Frontage: 182
    Lake Chain Name: N
    Lake Acres: 217
    Lake Depth: 33
    Waterfront: Lake Front

    Lot & Land

    Acres: 1.85
    Geolocation: 45.50037100, -94.28035400
    Inclusions: Building, Business Assets, Business, Fixture/Equipment
    Lot Dimensions: 182 x 433
    Zoning: Business/Commercial

    Schools

    School District: 742
    District Phone: 320-253-9333

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $16,774
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $16,774

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Event Space
    • Restaurant
    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Electric 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 Coldwell Banker Commercial.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.