151 Lake Avenue E Hill City, MN $ 134,900
151 Lake Avenue E
$ 134,900
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151 Lake Avenue E

Hill City, MN, 55748
$ 134,900
Baths0.0 Sq 1,340

Monthly Estimate*

$ 942

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Studio

Commercial Property for sale in Hill City, MN

for $134,900. This 1,340 square foot building was built in 1960 on a lot size of 0.08.

LOCATION, LOCATION, LOCATION! Hill Lake Cafe - long standing restaurant in Hill City, located RIGHT on Hwy 169 and Lake Avenue! Hill City is one of the best multi-activity towns in MN. You can walk to Hill lake, city park/campground, and the guests at the local motel can walk right to the restaurant. Destination town for ATVs and snowmobiles - they will pull up right in front of the restaurant (they can ride on the streets of Hill City!). Because of their great food and customer service the restaurant has consistent repeat local/out of town clientele year round. Set up for a capacity of 65, there is a large kitchen for in house along with catering opportunities. Don't want to own a restaurant? Well, with the fantastic location that can't be missed by travelers on Hwy 169, this 4+ city lot property would be fantastic for a multi-use setting or, for this price, remove the bldg and build specific to your needs - business office?, retail/consignment? opportunity is endless!!

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Commercial Active

Price

$ 134,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,160

Style

Business

Lot Size

0.08

Year Built

1960

Town/City

Hill City

County/Region

Aitkin

MLS | Web ID

6396156

Features
General
Sewer City Sewer/Connected City Sewer - In Street
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Appliances Air-To-Air Exchanger Cooktop Double Oven Electronic Air Filter Electric Water Heater Exhaust Fan Freezer Fuel Tank - Rented Gas Water Heater Water Filtration System Microwave Range Refrigerator Water
Garage Spaces 0
Construction Materials Wood Siding
Year Built 1960
Levels One
Property SubType Business
Tax Year 2023
Current Use Restaurant
Accessibility None
Additional Parcels Description 571032100 571032000
County Aitkin
Property Type Commercial Sale
Contingency None
Subdivision Name Hill City
Possible Use Office Restaurant Retail Diversified Investment
Directions From Aitkin 36 Miles north on Hwy 169 to right on Lake Avenue. Property on the left. From Grand Rapids 18 miles south on Hwy 169 take left on Lake Avenue property on the left. Very visible on Hwy
City Hill City
Buyer Agent Compensation 2.60
High School District Hill City
Zoning Description Business/Commercial
Total Units 1
Street Name Lake
Land Lease Y/N N
Tax Annual Amount 1160
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement None
Basement (Y/N) N
Street Suffix Avenue
Fuel Propane
Garage Dimensions 0
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Exterior
Parking Features Guest Parking Parking Lot
Water Source City Water/Connected
Inclusions Building Business Fixture/Equipment Land
Lot Size Area 0.08
Building Area Total 1340
Lot Dimensions 130x33x61x75x141
Lot Size Units Acres
Foundation Area 1340
Road Frontage Type City Street Highway
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Internal Only
Street Number 1 151
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* Excluded Features
List By
Timber Ghost Realty, Llc

Broker

timberghostteam@gmail.com

Email

Affordability Calculator

$1,039
Per Month
91%
9%
0%
Monthly Principal & Interest
$942
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708309 Elementary School
708318 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/1/2023$134,900 Listed Price

Map


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151 Lake Avenue E, Hill City, MN, 55748 is a Commercial Property for sale at $134,900 with 1,340 sqft and a lot size of 0.08. 151 Lake Avenue E is a studio with 0.0 baths and was built in 1960. The property's zip code is 55748 which is in Hill City, MN