My notes for this property


Add listing to my favorites (required)
Active
$499,000
/mo Edit
Commercial:  Mixed Use,Business
Built 1930
0.39 acres
New York Mills schools
MLS# 6541326
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Discover a unique opportunity to own a thriving bakery business housed in a charming, nostalgic 1930 brick building. This well-established business is known for its delicious offerings and is ready for its next chapter under new ownership. This unique property is multi use and features four rentable office spaces and a large loft apartment, perfect for generating extra revenue or ideal for owner-occupant. The sale comes with most of the bakery's equipment, tables and chairs ensuring a smooth transition and immediate operational capability. An inviting outside open air covered patio provides a perfect spot for customers to enjoy baked goods, food or a morning coffee. This property is perfect for an entrepreneur looking to step into a profitable business with the added benefits of rental income and residential options. Own a piece of history and a vibrant business all in one.

    Listing

    Contingency: None
    City: New York Mills
    County: Otter Tail
    State: MN
    Property Style: Mixed Use, Business
    Zip Code: 56567

    Exterior

    Other Parking Spaces: 6
    Air Conditioning: Central Air
    Foundation Size: 5,860 ft2
    Handicap Accessible: No Stairs External
    Heating System: Forced Air
    Parking Features:
    • Guest Parking
    • Parking Lot
    Road Frontage: Paved Streets
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.39
    Geolocation: 46.517373, -95.375165
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: .39
    Zoning: Business/Commercial

    Schools

    School District: 553
    District Phone: 218-385-4201

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,645
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,645

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Food Service
    • Office
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • 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 Centennial Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.