201 E Nokomis Street Osakis, MN $ 475,000
201 E Nokomis Street
$ 475,000
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201 E Nokomis Street

Osakis, MN, 56360
$ 475,000
Baths0.0 Sq 4,928

Monthly Estimate*

$ 3,318

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Studio

Commercial Property for sale in Osakis, MN

for $475,000. This 4,928 square foot building was built in 2005 on a lot size of 0.35.

The ultimate opportunity has opened up. Have you dreamt of owning your own business? Do you already manage people, why not manage them for yourself and make your own income. Knights is a well established restaurant, with a great menu, good nightly specials and fantastic revenue stream. The books speak for themselves. The clientele is amazing, the atmosphere is out of this world, and the set up is next to none. There is an ATM on site, pull tabs, P.O.S. and banquet room for additional revenue and events. Not only is this restaurant established, it features updated mechanicals, including, new A/C, furnace and water heater in 2022, 3 new mini splits in the kitchen, a camera system and security system that accompany the list of operations. Great frontage coupled with ample parking make this investment an even better choice. Looking to be your own boss, unlimited earning potential, then contact us for your tour and uncover a whole new wonderful world in the hospitality industry.

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Commercial Pending

Price

$ 475,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,316

Style

Business

Lot Size

0.35

Year Built

2005

Town/City

Osakis

County/Region

Douglas

MLS | Web ID

6419696

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air Ductless Mini-Split
Utilities None
Garage Spaces 0
Construction Materials Block Brick/Stone Vinyl Siding Wood Siding
Year Built 2005
Topography High Ground
Levels One
Property SubType Business
Tax Year 2023
Current Use Food Service Restaurant Bar/Tavern
Accessibility None
County Douglas
Property Type Commercial Sale
Association Amenities Deck Patio
Contingency None
Subdivision Name Nokomis Comm Properties
Directions From Osakis Head north on Central Ave toward E Nokomis St then Turn right at the 1st cross street onto E Nokomis St and your destination will be on the left!
City Osakis
High School District Osakis
Zoning Description Business/Commercial
Total Units 1
Street Name Nokomis
Tax Annual Amount 8316
Additional Parcels Y/N N
Days on Market 61
Standard Status Pending
Lender Owned No
Amenities Unit Deck Patio Security System Tile Floors
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Interior
Basement Slab
Street Suffix Street
Ceiling Height 8-10
Fuel Natural Gas
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Exterior
Parking Features Parking Lot Paved
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.35
Lot Dimensions 155*162*155*160
Lot Size Units Acres
Foundation Area 5710
Road Frontage Type City Street County Road Curbs Sidewalks Street Lights
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Internal Only
Street Number 1 201
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* Excluded Features
List By
Real Estate By Jo, Llc

Broker

countonjo@gmail.com

Email

Affordability Calculator

$4,011
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,318
Monthly Property Taxes
$693
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
708463 Elementary School
708735 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2023$475,000 Listed Price

Map


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201 E Nokomis Street, Osakis, MN, 56360 is a Commercial Property for sale at $475,000 with 4,928 sqft and a lot size of 0.35. 201 E Nokomis Street is a studio with 0.0 baths and was built in 2005. The property's zip code is 56360 which is in Osakis, MN