801 State Ave NE
Warroad, MN 56763
The Patch Lodge · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Motivated Seller
- Restaurant/Lounge with exceptional revenue located on site
- 2023 NOI: $1,118,811
- Listing includes adjacent vacant parcel
- 2023 Room Revenue: $1,884,306, 2023 Gross Revenue: $3,092,537
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,820 SF
Building Class
C
Year Built
1979
Building Height
2 Stories
Building FAR
0.17
Lot Size
0.78 AC
Zoning
Commercial
Parking
25 Spaces (4.3 Spaces per 1,000 SF Leased)
Frontage
562’ on N State St
PROPERTY TAXES
| Parcel Number | 56.0180700 | Improvements Assessment | $271,400 |
| Land Assessment | $72,600 | Total Assessment | $344,000 |
