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Active
$224,900
/mo Edit
Commercial:  Business Opportunity
Built 1953
12.9 acres
Cannon Falls schools
MLS# 4978261
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    Property Description

    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

    Contingency: None
    City: Cannon Falls
    County: Goodhue
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55009

    Interior

    Ranges: One
    Refrigerators: One
    Appliances Included:
    • Cooktop
    • Exhaust Fan
    • Indoor Grill
    • Range
    • Refrigerator
    • Wall Oven
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Garage Spaces: 2
    Garage Dimensions: 20x14
    Garage Size: 280 ft2
    Other Parking Spaces: 50
    Air Conditioning: Central Air
    Foundation Size: 5,700 ft2
    Handicap Accessible: No Stairs Internal
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Gravel
    Unit Amenities:
    • Ceiling Fan(s)
    • Deck
    • Hardwood Floors
    • Natural Woodwork
    • Patio
    • Vaulted Ceiling(s)
    Road Frontage: State Road
    Exterior Material: Wood Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 12.9
    Geolocation: 44.4184111312, -92.8746024185
    Inclusions: Building, Business, Inventory, Land
    Lot Dimensions: Irregular
    Zoning: Business/Commercial
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 252
    District Phone: 507-263-6800

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,104
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,104
    Land Lease Amount: 0

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Restaurant
    Fuel System: Propane
    Owner Occupied: No
    Sewer System: Tank with Drainage Field
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: Well

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.