For Sale: Lonsdale MLS# 7103808
Active
$875,000
Commercial: 1 Story
Built 1985
0.84 acres
Tri-City United schools
MLS# 7103808
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Property Description
Turn-Key Restaurant & Bar Opportunity - Prime corner location in Lonsdale. An exceptional opportunity to own one of Lonsdale's most recognizable and successful restaurant and bar destinations! Ideally situated on the highly visible corner of Highway 19 and Railway Street, this landmark property offers outstanding exposure, strong community presence and endless potential for continued growth. This is a true turn-key opportunity that includes the building, land, fixtures and all equipment needed to continue operating a thriving business from day one. (Inventory to be sold separately.) The 4, 300 square foot building
features a welcoming 48-seat dining room, 85-seat bar and additional outdoor patio seating, making it a popular gathering place for both locals and visitors alike. Known as a staple of the community and downtown Lonsdale, this established destination has built a loyal customer base and outstanding reputation. Situated on nearly one acre, the property offers ample parking and significant room for future expansion. Whether you envision enlarging the existing restaurant, expanding the parking area, or taking advantage of the property's additional buildable commercial right to construct a second commercial building, the possibilities are extensive. Whether you're an experienced restaurateur, investor or entrepreneur looking for a thriving hospitality business with room to grow, this premier property presents a rare opportunity in a high-traffic, highly visible location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$875,000
Property Type:
Commercial
City:
Lonsdale
Garage Spaces:
0
County:
Rice
Year Built:
1985
State:
MN
Property Style:
1 Story
Zip Code:
55046
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air, Zoned
Foundation Size:
4,318 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Parking Lot
- Paved Lot
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Roof Details:
- Age 8 Years or Less
- Asphalt
- Pitched
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.84
Geolocation:
44.481113, -93.430309
Inclusions:
Building, Business, Fixture/Equipment, Land
Lot Dimensions:
352 x 152 x 348 x 20 x 191 x 110
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
2905
District Phone:
5073648100
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$11,096
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,456
Units
Total Units:
1
Miscellaneous
Current Use:
- Bar/Tavern
- Commercial
- 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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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!
Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.