For Sale: Cannon Falls MLS# 4978261
Active Contingent
$224,900
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
Listing Status:
Active Contingent
Contingency:
Sale of Another Property
List Price:
$224,900
Property Type:
Commercial
City:
Cannon Falls
Garage Spaces:
2
County:
Goodhue
Year Built:
1953
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:
Many Trees
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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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.