$925,000
$989,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1.6 Acres Lot
SOLD DATE : 09/26/2024
Key Details
Sold Price $925,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Becker Cnty
MLS Listing ID 6582284
Sold Date 09/26/24
Year Built 1930
Annual Tax Amount $11,132
Tax Year 2023
Contingent None
Lot Size 1.600 Acres
Acres 1.6
Lot Dimensions 275 x 240
Property Description
Well-established area Bar and Grill on Cotton Lake.
Discover this incredible opportunity to own a thriving bar and grill on stunning Cotton Lake, one of the area's premier lakes. Nestled in the heart of Lakes Country an hour from Fargo-Moorhead and on the edge of the Tamarack Wildlife Refuge, this property offers endless possibilities for entrepreneurs and investors alike.
Key Features:
Prime Location: Situated on 1.6 acres and 275 ft of level, sugar sand beach, provides the perfect setting for relaxation and entertainment with tons of upside potnential.
Breathtaking Views: Enjoy epic sunsets every evening, making this spot a favorite for locals and visitors.
Recently Updated: The property has been well-maintained with a new roof installed just 2 years ago and a recently upgraded septic system.
Versatile Space: The bar and grill is designed to cater to various events and gatherings, from casual dining to special occasions along with multiple dock slips for lake locals.
Don't miss this very rare chance to own this cash-flowing gem or you have the potential to convert the property into a 4 Plex vacation rental or family compound.
Location
State MN
County Becker
Zoning Business/Commercial,Shoreline
Body of Water Cotton
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Cooktop, Dishwasher, Range, Refrigerator, Stainless Steel Appliances
Exterior
Garage Detached, Gravel, Asphalt, Guest Parking, Parking Lot
Garage Spaces 2.0
Utilities Available Electric Common
Waterfront true
Waterfront Description Lake Front
View North, West
Roof Type Age 8 Years or Less,Asphalt,Pitched
Present Use Restaurant,Bar/Tavern
Parking Type Detached, Gravel, Asphalt, Guest Parking, Parking Lot
Building
Foundation 4598
Sewer Septic System Compliant - Yes, Tank with Drainage Field
Water Private, Well
Structure Type Vinyl Siding
Schools
School District Frazee-Vergas
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