$779,000

211 S Lake Avenue, Battle Lake, MN 56515


211 S Lake Avenue Battle Lake, MN 56515

Active Contingent MLS# 6227713

7,500 sq ft Commercial

Data current as of {{getLocalTime('2023-04-01T20:01:02Z')}}

Details for 211 S Lake Avenue

MLS# 6227713

Description for 211 S Lake Avenue, Battle Lake, MN, 56515


Est. in 1969, this landmark restaurant comes with great potential for new ownership. Located in thethriving community of Battle Lake, Minnesota, it draws guests from the greater Otter Tail and neighboringcounties. The restaurant currently operates from mid-March through mid-November (135 days) and has aproven history of profitability year after year. Stub's charming "Supper Club" atmosphere has attractedgenerations of locals and tourists since its opening. The dining room seats 72 guests, while another 90guests can be seated in the bar area, which currently features live piano music on many evenings. Anexisting event center can serve 200 seated guests providing an additional revenue streamthrough catering events such as weddings, reunions, dances, graduations, or the like. Ample, on-sightparking accommodates the needs of the restaurant in addition to any special events. The new ownerwould also have the flexibility of maximizing income by extending the operation hr/ season.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active Contingent-Subject to Financing

Lot Size: 0.93 Acres

Square Feet: 7,500 sq ft

Year Built: 1940

Foundation: 7,500 sq ft

Garage: No

Stories: 1 Story

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Railroad Add

Builder:

Foundation:

Total Units: 1

Current Use: Restaurant

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Otter Tail

Days On Market: 275

HERS Score:

Construction Status: Previously Owned

School Information


District: 542 - Battle Lake

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Dishwasher, Microwave, Range, Freezer, Exhaust Fan/Hood, Refrigerator, Cooktop

Flooring: Carpet

Basement: None

Accessibility: No Stairs External, No Stairs Internal

Additional Interior Features: Security System, Ceiling Fan(s), Furnished Units, Cable

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Electric Common,Heating Common,Hot Water Common

Other Utilities:

Cooling: Central

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Parking Spaces: 45

Parking Description: gravel lot, Driveway - Gravel

Exterior: Steel Siding

Roof: Metal

Lot View:

Lot Dimensions: Irregular

Farm Type:

Crop Type:

Zoning: Business/Commercial

Topography: Level

Additional Exterior/Lot Features: Irregular Lot, Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Inventory,Land, Road Frontage - City

Soil Type:

Tillable Acres:

Driving Directions


Head east on MN-210 E/Viking Trail toward Kolstad Rd then turn left onto MN-78 N/Lake Ave S/Otter Trail Scenic Byway. After 04 miles, the destination will be on the right.

Financial Considerations


Other Deposit Fees:

Assessments: $490

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 63000990441000

Tax Amount: $5,718

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$779,000 Original Price
$779,000 Current Price
+$0 Total Change
Date Price Change
6/30/2022 12:30 PM $779,000

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 211 S Lake Avenue

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

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