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For Sale:  Walker MLS# 6587731

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Active
$600,000
/mo Edit
Commercial:  2 Stories
Built 1900
0.29 acres
Walker-Hackensack-Akeley schools
MLS# 6587731
763-576-8286
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    Property Description

    Seize this rare chance to own a long-term, successful restaurant and bar in a premier location in the heart of Walker, MN! This well-established business has a loyal customer base and a reputation for great food and service. The property features ample parking for guests and is on a busy biking/hiking and snowmobile trail. The sale includes all of the business equipment, menu’s, and signs along with four furnished apartments. In addition to the restaurant and bar, the building includes four income-generating apartments upstairs: one spacious 2-bedroom and three comfortable 1-bedroom units, perfect for generating steady rental income. Whether you want to live on-site or rent them out, these apartments offer flexibility and additional revenue streams. With its prime location this opportunity is perfect for entrepreneurs looking to make their mark in the thriving Walker community. Don’t miss out on this chance to invest in a business with strong potential for growth and profitability!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $600,000
    Property Type: Commercial
    City: Walker
    County: Cass
    Year Built: 1900
    State: MN
    Property Style: 2 Stories
    Zip Code: 56484
    Subdivision Name: Original

    Interior

    Ceiling Height: 8-10
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Other Parking Spaces: 0
    Foundation Size: 3,632 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Forced Air
    Parking Features: On-Street Parking Only
    Unit Amenities:
    • City View
    • Patio
    • Security System
    • Tile Floors
    • Vaulted Ceiling(s)
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Brick/Stone
    Roof Details:
    • Age Over 8 Years
    • Rubber

    Lot & Land

    Acres: 0.29
    Geolocation: 47.102348, -94.58173
    Inclusions: Building, Business Assets, Business, Fixture/Equipment
    Lot Dimensions: 173 x 113 x 25 x 100 x 83
    Zoning: Business/Commercial

    Schools

    School District: 113
    District Phone: 218-547-4201

    Expenses

    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $7,550
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,866

    Units

    Total Units: 5

    Miscellaneous

    Current Use:
    • Food Service
    • Restaurant
    Fuel System:
    • Electric
    • Natural Gas
    • Oil
    • Propane
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

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