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29992 US-169
Onamia, MN 56359
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,300 SF
Building Class
C
Year Built/Renovated
1975/2012
Building Height
1 Story
Building FAR
0.02
Lot Size
3.00 AC
Parking
100 Spaces (10 Spaces per 1,000 SF Leased)

ABOUT 29992 US-169 , ONAMIA, MN 56359

Well known Mexican Restaurant for sale with bar and Real Estate on busy state highway! Great location is on the route to lakes and cabin getaways in Minnesota! This Mexican Restaurant for Sale with Real Estate was purchased in September 2012 and the owners have run it semi-absentee ever since. The exterior of this free standing property is log siding, which fits perfectly in the Minnesota lakes region. The building has two distinctive areas. The bar can accommodate up to 50 people, and the restaurant can seat up to 96 people. The entire Mexican restaurant for sale and bar are both tastefully decorated. The gas fireplace in the front of house makes the entire dining room cozy and comfortable. This property is known for its happy hour specials and people come from miles around for the delicious food. This Mexican restaurant for sale has a fantastic bar that is the local and regional gathering place. It includes a horseshoe bar, pool table and high tops with large windows that provide an abundance of natural light. The beer cooler in the back is large enough to handle any business and keep your inventory neat and organized. The back of the house features a fully equipped commercial kitchen at this Mexican Restaurant for Sale. The kitchen is well designed to maximize efficiency and handle high volume. Most of the kitchen equipment was replaced in 2012 when the present owners purchased the property. Approximate 70% of the restaurant's revenue comes from food sales, which means there is potential to build the bar business and increase profits. The menu and all the recipes for this Mexican Restaurant for Sale will transfer to the new owner. The current owners have several businesses but will stay on to train for 2 weeks at no additional charge to ensure a smooth transition of ownership. The real estate for this Mexican Restaurant for sale is included in the pricing. The property is located on a prime 3.7 acre parcel with great highway visibility on the way to the Lakes. The 3.7 acre parcel includes a large paved parking lot that can accommodate almost 100 cars. This is a functional advantage as people can come in towing their RV's and boats and grab a bite on the way to or from the lakes area. The property also includes a separate storage garage, as well as an outdoor area that you could add horseshoes or volleyball.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-920-0380
Land Assessment
$172,800
Improvements Assessment
$85,800
Total Assessment
$258,600
  • Listing ID: 12461296

  • Date on Market: 5/3/2018

  • Last Updated:

  • Address: 29992 US-169, Onamia, MN 56359

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