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Active NEW!
$400,000
/mo Edit
Commercial:  1 Story
Built 1983
0.19 acres
St. Michael-Albertville schools
MLS# 7119152
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    Property Description

    Exceptional opportunity to own a well established, family owned restaurant in the heart of Albertville. Ideally situated in a high traffic commercial corridor near Albertville, premium outlets, this turn key property features a convenient drive-through and approving history of strong cash flow with Costco opening nearby, the area is poised for increased traffic and continued growth, making this an outstanding opportunity for owner operators and investors alike.

    Listing

    Contingency: None
    City: Albertville
    County: Wright
    State: MN
    Property Style: 1 Story
    Zip Code: 55301

    Exterior

    Stories: One
    Garage Spaces: 0
    Foundation Size: 953 ft2
    Fencing: None
    Handicap Accessible: Grab Bars In Bathroom
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Paved Lot
    Unit Amenities: Tile Floors
    Road Frontage:
    • City Street
    • Paved Streets
    Pool: None
    Roof Details: Flat

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.19
    Geolocation: 45.23772, -93.653562
    Inclusions: Building, Business, Fixture/Equipment, Land
    Lot Dimensions: 100 x 85 x 100 x 82
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Tree Coverage - Light

    Schools

    School District: 885
    District Phone: 7634973180

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,960
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,960

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Food Service
    • Restaurant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Compass.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.