Lender owned 9,600± sq. ft. commercial building, situated on nearly 1.5 acres with prime Highway 55 frontage. If you are looking for a prime investment, your search is over! Endless opportunities with this large building. Looking to expand your current business? Need high visibility? Take advantage of the 5,200 cars per day that pass by this location. (2019 statistic from MN DOT) Entrepreneurs take note!! All restaurant contents to be sold separately, closing Tuesday, September 29 beginning at 7:00PM. For more information contact Steffes Group at 320.693.9371, Eric Gabrielson 701.238.2570 or Shelly Weinzetl 763.300.5055

LENDER OWNED – STEARNS COUNTY, MN
REAL ESTATE AUCTION

LOCATION: 28603 State Hwy 55, Paynesville, MN 56362

OPENS: FRIDAY, SEPTEMBER 18

CLOSES: TUESDAY, SEPTEMBER 29 BEGINNING AT 1:00PM

INSPECTION DATE: WEDNESDAY, SEPTEMBER 23 4:00-6:00PM OR BY APPOINTMENT

AUCTIONEER’S NOTE: Lender owned 9,600± sq. ft. commercial building, situated on nearly 1.5 acres with prime Highway 55 frontage. If you are looking for a prime investment, your search is over! Endless opportunities with this large building. Looking to expand your current business? Need high visibility? Take advantage of the 5,200 cars per day that pass by this location. (2019 statistic from MN DOT) Entrepreneurs take note!! All restaurant contents to be sold separately, closing Tuesday, September 29 beginning at 7:00PM.

Stearns County, MN – 1.47± Acres

 

PID #: 26-16243-0000
Description: Sect-21 TWP-122 Range-032
2020 Taxes: $9,868
Year Built: 1956
Zoning: Commercial/Industrial
County Market Value: $411,400

 

Property Features

 

• Great location near busy hockey arena
• Highway 55 frontage
• Heavy area lake traffic near Lake Koronis
• Private well & septic
• 1.47± acre lot
• Outside signage
• Expansion area

 

Building Features

 

• Subdivisible building with numerous entrances
• Bar/lounge area
• Event room
• Large kitchen
• Employee lounge
• Updated bathrooms – multiple stalls
• Heat: force air, baseboard
• Air conditioning: central, wall
• 150± parking spots
• 9,683 sq. ft.

TERMS: Ten percent down upon signing purchase agreement, payable by cash or check. Balance due at closing within 30 days. This is a 5% buyer’s premium auction

 

For a detailed Buyer’s Prospectus with complete terms and conditions, contact Steffes Group at 320.693.9371, Eric Gabrielson 701.238.2570 or Shelly Weinzetl 763.300.5055

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