a Berkshire Hathaway affiliate

$450,000

48493 Lily Avenue, McGregor, MN 55760


48493 Lily Avenue McGregor, MN 55760 - Horseshoe Lake

For Sale MLS# 4636960

3,766 sq ft Commercial

Data current as of {{getLocalTime('2020-10-24T03:11:12Z')}}

Details

MLS# 4636960

Description for 48493 Lily Avenue, McGregor, MN, 55760 - Horseshoe Lake


Fantastic Bar & Restaurant Located on Horseshoe Lake. Full Menu, Featuring German Cuisine. Huge Dining Room with Great Bar Area & Game Room., Walks out to Bocce Ball With Lakeview. Approx 400 Feet Sand Shoreline With Plenty of Docking for Guests. Conveniently Boat up for Gas. Watch the Beautiful Sunsets From the Patio Area. Many Activities Keep this a Thriving Business!! 1 Bedroom Living Quarters, Huge 40x40 Garage. Boat into 2500 acre Minnewawa Lake.GREAT TURN KEY BAR!!!

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size:

Square Feet: 3,766 sq ft

Year Built: 2004

Foundation: 3,766 sq ft

Garage: Yes

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 1

Current Use: Restaurant,Tavern/Lounge,Food Service,Business Service,Commercial

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Aitkin

Days On Market: 1890

HERS Score:

Construction Status: Previously Owned

School Information


District: 4 - Mcgregor

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Microwave, Wall Oven, Range, Freezer, Other, Exhaust Fan/Hood, Indoor Grill, Refrigerator, Dishwasher, Cooktop

Flooring:

Basement: Slab

Accessibility: No Stairs Internal

Additional Interior Features: Vaulted Ceiling(s), Tiled Floors, Washer/Dryer Hookup, Natural Woodwork, Local Area Network, Multiple Phone Lines, Security System, Kitchen Window

Utilities


Water: Drilled, 4-Inch Submersible, Well

Sewer: Mound, Tank with Drainage Field, Private, Other

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

Other Utilities:

Cooling: Central

Heating: Propane, Forced Air

Exterior / Lot Features


Garage Spaces: 4

Parking Spaces: 40

Parking Description: Detached Garage, Insulated Garage, Heated Garage, Other, Garage Door Opener, Driveway - Asphalt, Garage Door Width - 40, Garage Sq Ft - 1600

Exterior: Log Siding, Wood

Roof: Age Over 8 Years, Metal

Lot View: Lake,Panoramic,South,West

Lot Dimensions: 440X220X310X320

Farm Type:

Crop Type:

Zoning: Business/Commercial,Shoreline

Additional Exterior/Lot Features: Dock, Deck, Porch, Patio, Tree Coverage - Light, Corner Lot, Road Frontage - Paved Streets, Township

Out Buildings: Out Buildings

Soil Type:

Tillable Acres:

Waterfront Details


Boat Facilities

Body of Water: Horseshoe Lake

DNR Lake ID: 01003400

Water Front Type: Lake Front, Lake View, Dock

Water Frontage: 440 Ft.

Lake Acres: 240

Lake Depth: 12 Ft.

Lake Bottom: Sand

Lake Chain Name:

Lake Chain Acres:

Road Between Waterfront and Home: No

Slope To Waterfront: Gradual

High Point to Waterfront: 0-4

Driving Directions


5 Miles North of McGregor on hwy 65 to Goshawk, Right Approx 6 Miles to Lily Ave (40) Left approx 1 Mile to Bar.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Annual Income: $347,927

Ownership Type:

Tax/Property ID: 290049918

Tax Amount: $7,736

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$695,000 Original Price
$450,000 Current Price
-$245,000 Total Change
Date Price Change
4/20/2019 03:09 PM $450,000 +$5,556
1/25/2018 01:51 PM $444,444 +$48,048
5/3/2017 12:52 PM $396,396 -$48,048
2/16/2017 11:16 AM $444,444 -$204,556
8/29/2016 01:56 PM $649,000 -$46,000
8/20/2015 11:43 AM $695,000

Sales History

Date Price Change
{{sales.saleDateDisplay}} {{sales.saleAmountDisplay}} {{sales.saleAmountChangeDisplay}}
Currently not available.

Tax Summary

Data provided for tax year {{salesHistoryAndTax.taxAssessment.taxYear}}

Estimated Market Value Taxable Market Value Total Tax
{{salesHistoryAndTax.taxAssessment.calculatedTotalValue}} {{salesHistoryAndTax.taxAssessment.assessedTotalValue}} {{salesHistoryAndTax.taxAssessment.taxAmount}}

Data powered by Onboard Informatics. Copyright© 2020. Information deemed reliable but not guaranteed.

Schools nearby 48493 Lily Avenue

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
{{forSchool.institutionNameDisplay}} ({{forSchool.institutionTypeDisplay}}) {{forSchool.gradeSpanCode}} {{forSchool.distanceDisplay}} {{forSchool.greatSchoolsTestRatingDisplay}}


Schools nearby Grades Distance SchoolDigger® Rating i
{{nearSchool.institutionNameDisplay}} ({{nearSchool.institutionTypeDisplay}}) {{nearSchool.gradeSpanCode}} {{nearSchool.distanceDisplay}} {{nearSchool.greatSchoolsTestRatingDisplay}}

Data powered by Onboard Informatics. Copyright© 2020. Information deemed reliable but not guaranteed.

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.

Stats for homes in {{marketTrend.postalCity}}, {{marketTrend.stateOrProvince}}

{{marketTrend.medianSalePriceDisplay}} Median Sold
Price
Up arrow
{{marketTrend.recentSalesDisplay}} Recently Sold
Listings
Up arrow
{{marketTrend.medianDaysOnMarket}} Days on
Market
Up arrow
{{marketTrend.activeListingsDisplay}} Active
Listings
Change from prior year (3-month average) Based on information from the applicable Multiple Listing Service for the years indicated. Copyright ©2020. All rights reserved.
  • Population {{marketTrend.populationDisplay}}
  • Population Density (persons per Square Mile) {{marketTrend.populationDensityDisplay}}
  • Median Household Income {{marketTrend.medianHouseholdIncomeDisplay}}
  • Households with Children {{marketTrend.householdsWithChildrenDisplay}}
  • Median Age of Home {{marketTrend.medianAgeOfHomeDisplay}}
  • Owned Homes {{marketTrend.dwellingsOwnedDisplay}}
  • Rented Homes {{marketTrend.dwellingsRentedDisplay}}
  • Vacant Homes {{marketTrend.dwellingsVacantDisplay}}

Currently not available.

Data powered by Onboard Informatics. Copyright© 2020. Information deemed reliable but not guaranteed.

Walk Score

Please enter a valid phone number.
Clear all
*Required field
{{contactForm.message}}

Request Sent

Thank you for your inquiry. We will be in touch shortly regarding your question.

Please enter a valid phone number.

Are you working with an Edina Realty agent?*

Clear all
*Required field

{{scheduleShowing.message}}

Request Sent

Thank you for your inquiry. We will be in touch shortly regarding your question.

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