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For Sale:  Fairmont MLS# 6694284

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Active NEW!
$750,000
/mo Edit
Commercial:  Business Opportunity
Built 1987
0.36 acres
Fairmont Area schools
MLS# 6694284
763-576-8286
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    Property Description

    Lakefront Restaurant/Bar for Sale! Well established and newly remodeled property (2021) with 2 full bars, indoor/outdoor seating, lake/dock access on the Fairmont Chain Of Lakes! The property has 142 ft of lakeshore, with just a few steps to the lake. It has a new 100 ft dock for guests to arrive by boat and plenty of parking for vehicles. The main floor bar is cozy and quaint with a full bar, high top tables, 2 TV's, pull tab machines, and restrooms. The outdoor area is the perfect place spring, summer and fall with plenty of seating, an outdoor covered stage with stage lights, enough electrical capability, along with stainless steel rails for additional seating and great views of the lake. The upper level provides large picturesque windows another full bar, tables and chairs that can seat approximately 50 people, 2 TV's, an electric fireplace, a handicap accessible restroom and an outdoor deck with seating. The upper level gives the establishment more room during the colder months, rainy days and also a place to reserve for private parties! This level is accessible by elevator or an indoor & outdoor stairway. The kitchen was remodeled in 2015 and is equipped with a flat top, fryer, oven, dishwasher, cold prep area, heat lamp area, a walk in cooler and freezers. There is also a gas tank for the boaters for additional income along with 12 leased (5 yr) boat slips adjacent to the property. The equipment, furnishings and inventory will stay with the sale. Come take a look at this amazing turn key property!!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $750,000
    Property Type: Commercial
    City: Fairmont
    Garage Spaces: 0
    County: Martin
    Year Built: 1987
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56031
    Subdivision Name: Marina Add

    Interior

    Ceiling Height: 16-20
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Disposal
    • Exhaust Fan
    • Freezer
    • Microwave
    • Range
    • Refrigerator
    • Wall Oven
    • Wine Cooler
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 2
    Air Conditioning: Central Air
    Foundation Size: 900 ft2
    Foundation Dimensions: 32X28
    Handicap Accessible: Doors 36"+, Accessible Elevator Installed, Grab Bars In Bathroom, Partially Wheelchair, Wheelchair Ramp(s)
    Road Responsibility: Public Maintained Road
    Heating System:
    • Forced Air
    • Zoned
    Parking Features:
    • Concrete
    • Guest Parking
    • Off Site
    • Parking Lot
    • Shared Driveway
    Shared Amenities:
    • Boat Slip
    • Deck
    • Dock
    • Patio
    Unit Amenities:
    • Boat Slip
    • Ceiling Fan(s)
    • Deck
    • Dock
    • Panoramic View
    • Security System
    • Vaulted Ceiling(s)
    • Walk-Up Attic
    • Wet Bar
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material: Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Sisseton
    Waterfront View: Lake, West
    DNR Lake ID#: 46002500
    WF Frontage: 143
    Elev Highpt to WF feet: 4-10
    Waterfront Slope: Gradual, Level
    Lake Chain Name: N
    Lake Acres: 138
    Lake Depth: 19
    Waterfront:
    • Dock
    • Lake Front
    • Lake View
    Lake Bottom:
    • Sand
    • Weeds

    Lot & Land

    Acres: 0.36
    Geolocation: 43.65673, -94.46932
    Inclusions: Building, Business, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 145X170
    Zoning: Business/Commercial

    Farm

    Topography: Level

    Schools

    School District: 2752
    District Phone: 507-238-4234

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,449
    Lender-owned: Not disclosed
    Assessment Pending: Unknown
    Taxes w/ Assessments: $9,518

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Event Space
    • Food Service
    • Restaurant
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of RE/MAX TOTAL REALTY.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.