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ORION REAL ESTATE
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Main Offices:
630 1st Street South Waite Park, MN 56387 320-251-1177 Phone 320-251-1584 Fax |
BUSINESS SUMMARY
Type: Restaurant/Lounge and Six Rental Apartments
Location: Central MN
Years in Business: 12 Years
Special Features: Recently remodeled interior – new carpet, tile, new meeting room. Liquor license available.
Size of Building: Approx. 11,200 SF (5,600 each level)
Age: Built in 1949
Building Type: Two story block building
Seating Capacity: 80+
Employees: 6 FT and 6 PT
Hours: 8:00 AM – 1:00 AM
Utilities: All city services
Air Conditioning: Two units
Heating: 3 apts have electric baseboards & 3 have hot water forced air
Gross Income: $327,000 (2006) Projected 2007 gross sales are $380,000, up 16%
Real Estate Taxes: $3,650
Price: $329,500 Terms: Negotiable
Here's an excellent opportunity to own an established restaurant and bar with dart leagues and DJ’s twice a month. Nice small town setting with additional rental income. The building is attractive inside & out with a new roof, new windows and new siding. Restaurant equipment is in good condition. Letter of Confidentiality required of all prospects.
CALL GARY NORDSTROM TODAY FOR A PERSONAL SHOWING
(320) 491-8630
Or Contact us via Email at Coldwell Banker Commercial-OrionThe information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.