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Active
$250,000
/mo Edit
Commercial:  Business Opportunity
Built 1974
0.4 acres
Northland Community schools
MLS# 6679345
My rating:
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    Property Description

    A lucrative business opportunity awaits the one with a vision! This well-known establishment is located in Federal Dam on the shores of Leech Lake, rich in history of entertaining fishermen and tourists alike. The building is a solid 4900 square feet and currently houses a convenience store, cafe, bar & restaurant complete with a dance floor & band stand. The kitchen and bar are intact and all fixtures are included in the sale. The business is currently not in full operation. Nearby Corps of Engineers campground has hundreds of campers each season. Be the only spot in town to get food & beverages and the only spot for miles around! This location would be a fantastic family business ~ add some bait & tackle for additional revenue from the tens of thousands of people that fish Leech Lake each year. Come see it today and begin your next chapter!

    Listing

    Contingency: None
    City: Federal Dam
    County: Cass
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56641

    Interior

    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Partial
    • Storage Space

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 30
    Air Conditioning: Central Air
    Foundation Size: 4,900 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Asphalt
    Road Frontage: City Street
    Exterior Material: Metal Siding
    Roof Details:
    • Metal
    • Pitched

    Lot & Land

    Acres: 0.4
    Geolocation: 47.2457187903, -94.217359246
    Inclusions: Building, Fixture/Equipment, Land, Other
    Lot Dimensions: 110 x 150 x 110 x 150
    Zoning: Business/Commercial

    Schools

    School District: 118
    District Phone: 218-566-2351

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $996
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $1,898

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Commercial
    • Food Service
    • Restaurant
    • Vacant
    Fuel System: Propane
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: Well

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    Payment:  /mo

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