$249,900

7860 365th Street Way, Cannon Falls, MN 55009

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$249,900

(35,100) 10/26/2023

7860 365th Street Way Cannon Falls, MN 55009

For Sale MLS# 4978261

6,300 sq ftCommercial

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Data current as of 19/04/2024 09:24:13

Details for 7860 365th Street Way

MLS# 4978261

Description for 7860 365th Street Way, Cannon Falls, MN, 55009


This is a project; buyer should expect to update from current conditions. Property is zoned for roadside commercial use. Currently a restaurant called Time Out. Property sits on 12.47 acres & backs to trees. Building includes kitchen, range, grill, 2 fryers, walk-in cooler & refrigerator.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size: 12.90 Acres

Square Feet: 6,300 sq ft

Year Built: 1953

Foundation: 5,700 sq ft

Garage: Yes

Number Of Units Total: 1

Current Use: Restaurant,Tavern/Lounge

County: Goodhue

Days On Market: 2108

Construction Status: Previously Owned

School Information


District: 252 - Cannon Falls

Interior Features


Appliances: Exhaust Fan/Hood, Indoor Grill, Refrigerator, Wall Oven, Range, Cooktop

Basement: Concrete Block, Unfinished, Full

Accessibility: No Stairs Internal

Additional Interior Features: 220 Volt, Vaulted Ceiling(s), Hardwood Floors, Natural Woodwork, Ceiling Fan(s)

Utilities


Water: Well

Sewer: Tank with Drainage Field

Other Utilities: Electric Common,Heating Common

Cooling: Central

Heating: Propane, Forced Air

Exterior / Lot Features


Garage Spaces: 2

Open Parking: 50

Parking Description: Driveway - Gravel, Detached Garage, Garage Dimensions - 20x14, Garage Sq Ft - 280.0

Exterior: Wood

Roof: Asphalt Shingles, Age Over 8 Years

Lot Dimensions: Irregular

Zoning: Business/Commercial

Additional Exterior/Lot Features: Deck, Patio, Tree Coverage - Medium, Land Inclusions - Building,Business,Inventory,Land, Road Frontage - State

Driving Directions


Hwy 52 south of Cannon Falls 4 miles on west side.

Financial Considerations


Tax/Property ID: 370174800

Tax Amount: 3366

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Buyer Broker Compensation: 2.70%

Price Changes


$299,900 Original Price
$249,900 Current Price
-$50,000Total Change
Date Price Change
10/26/2023 11.02 AM $249,900-$35,100
02/02/2023 09.04 AM $285,000-$14,900
07/11/2018 10.07 AM $299,900
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Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 7860 365th Street Way

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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

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