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Active
$300,000
/mo Edit
Commercial:  Business,Retail
Built 1955
0.57 acres
Stewartville schools
MLS# 6532157
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    Property Description

    This fantastic once bar/lounge, situated in Stewartville, presents an outstanding opportunity for your business venture. Boasting excellent visibility, a prime location, and a welcoming ambiance, this property is ready to become the next retail hotspot in the area. Key Features: Ideal Location: The property is strategically positioned on Main Street, benefiting from high foot traffic and easy accessibility for potential customers. Great Visibility: With prominent frontage and potential for eye-catching signage, the establishment stands out, attracting passersby and potential patrons. Endless Retail Potential: Besides its past function as a bar/lounge, this versatile space holds tremendous potential for various retail ventures or creative business concepts. Growing Community: Stewartville is a thriving community with a strong local economy, providing ample opportunities for business growth and success.

    Listing

    Contingency: None
    City: Stewartville
    County: Olmsted
    State: MN
    Property Style: Business, Retail
    Zip Code: 55976
    Subdivision Name: City Lands

    Interior

    Ceiling Height: 8-10

    Exterior

    Other Parking Spaces: 20
    Air Conditioning: Central Air
    Foundation Size: 4,068 ft2
    Foundation Dimensions: 49x84
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Parking Lot
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Brick/Stone
    Roof Details: Flat

    Lot & Land

    Acres: 0.57
    Geolocation: 43.854097, -92.487964
    Inclusions: Building
    Lot Dimensions: 223 x 109
    Zoning: Business/Commercial
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 534
    District Phone: 507-533-1438

    Financial & Taxes

    Tax Year: 2022
    Annual Taxes: $5,342
    Lender-owned: Not disclosed
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,342

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Restaurant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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 Realty Growth Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.