Calhoun Companies

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Commercial Real Estate
Commercial Property

Listing ID: 10109

Category: Commercial Property

Beautiful 6,500 sq ft commercial building on 2.5 acres on the busy southern entrance to the tourism town of Grand Marais, Minnesota.  Was "Harbor Light" full service restaurant with seating for 75 in dining room, 140  in huge bar area and 25 on the patio.  Most recently leased and closed in Febrary 2013.  All restaurant equipment working and included.  Priced at less than real estate assessed value.

Agent
SLB
Location
Minnesota
Price
$ 399,000
Dollar Values from Year
1997
Gross Sales
$482,000
Cash Flow
$100,000
Value of Equipment
$75,000
Value of Real Estate
$471,700
Value of Real Estate Included in Price
Yes
Value of Equipment Included in Price
Yes
Year Established
1930
Reason for Selling

Other interests

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