bank owned business for sale
LOCATION: On Eden Lake just off County Road 9, 2 miles north of Eden Valley, 22 miles from St. Cloud.  Popular Central MN lakes area. 
FEATURES: Numerous lakes in the immediate area with very limited competition for food and liquor. Beautiful view of the lake thru many large picture windows!
BUILDING INFO:  Main floor is 6,015 sf plus 3,162 sf finished basement area.
LAND AREA:  1.15 Acres
LAKE FRONTAGE:  300’
TYPE OF CONSTRUCTION:  Wood frame with steel siding
HVAC:  Gas forced air heating system with central air conditioning
RESTROOMS:  Men’s and ladies bathrooms upstairs and downstairs
SEATING CAPACITY:  Rated for 400 in upper level with additional service bar and seating in the lower level.
APPRAISED VALUE:  $650,000.  Most recent sale was in 2005 at a price of $635,000.

ASKING PRICE:  $395,000
TERMS: Attractive financing available

COMMENTS: This facility has been a popular venue for wedding receptions, anniversaries, Christmas parties, proms, etc.  Very limited local competition.  The untimely death of the previous owner prompted his family to deed the property to the bank.  The bank wants this property sold and will consider all terms.  If you have a desire to operate a bar/restaurant in a beautiful lakes area you should give this some serious consideration.




Coldwell Banker Commercial Logo
ORION REAL ESTATE

 CONTACT INFORMATION
Mike Schmitt
320-251-1177
mike@cbcorion.com