$194,500

301 W HWY 210, McGregor, MN 55760


301 W HWY 210 McGregor, MN 55760

For Sale MLS# 6327480

1,500 sq ft Commercial

Data current as of {{getLocalTime('2023-03-26T09:15:56Z')}}

Details for 301 W HWY 210

MLS# 6327480

Description for 301 W HWY 210, McGregor, MN, 55760


This business opportunity is a once in a lifetime chance to own a well known and flourishing bakery and cafe in the growing McGregor lakes area. The sale does not include the real estate, but includes all equipment, appliances, utensils, blue sky and even the stocked inventory for a new owner to seamlessly takeover. Current lease for space is $1,062.50/month for 1,500 sq ft, with an adjacent unit available for expansion with an additional 1,020 sq. ft. Bakery/Cafe is turn key ready for a new owner. Current owner is willing to stay on for training in new owner. The Bakery also supplies many restaurants both local and out of the area with their famous cinnamon breads, buns and more! Unlimited opportunity to grow this existing business' in house sales as well as vendor contracts. This Bakery has been the owners pride & joy for 17+ years, so finding a buyer to carry on the vision is the goal. Current books are available for approved buyers and they more than justify the asking price.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size:

Square Feet: 1,500 sq ft

Year Built: 2005

Foundation: 1 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 1

Current Use: Food Service

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Aitkin

Days On Market: 57

HERS Score:

Construction Status: Previously Owned

School Information


District: 4 - Mcgregor

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: No Stairs Internal, No Stairs External

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

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

Other Utilities:

Heating: Forced Air, Propane

Exterior / Lot Features


Parking Spaces: 0

Parking Description: Driveway - Asphalt

Exterior: Metal

Lot View:

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Business,Business Assets,Fixture/Equipment,Inventory,Other

Soil Type:

Tillable Acres:

Driving Directions


Southwest corner at the intersection of Hwy 210/65 North and Maddy Street.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Annual Income: $503,000

Ownership Type:

Tax/Property ID: 000000000

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$194,500 Original Price
$194,500 Current Price
+$0 Total Change
Date Price Change
1/29/2023 09:26 AM $194,500

Sales History

Date Price Change
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Tax Summary

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Schools nearby 301 W HWY 210

Schools in attendance boundaries 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.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings