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228 W Main Street Marshall, MN $ 870,000
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$ 870,000 Get more info
228 W Main Street
$ 870,000
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228 W Main Street

Marshall, MN, 56258
$ 870,000
Baths0.0 Sq 4,963

Monthly Estimate*

$ 6,077

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Studio

Commercial Property for sale in Marshall, MN

for $870,000. This 4,963 square foot building was built in 1933 on a lot size of 0.13.

Discover the allure of Hunan Lion, a cherished culinary gem nestled in the heart of Marshall, MN. For over three decades, this esteemed establishment has delighted patrons with its delectable cuisine and captivating cultural ambiance. Boasting expansive floor space and a fully equipped commercial kitchen featuring modern amenities, this turnkey restaurant presents an unparalleled opportunity for aspiring restaurateurs. With the added potential for upper-story renovations, seize the chance to enhance this beloved landmark and unlock lucrative investment prospects. Embrace the legacy of Hunan Lion and become a cornerstone of Marshall's vibrant dining scene!

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Commercial Active

Price

$ 870,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,228

Style

Business

Lot Size

0.13

Year Built

1933

Town/City

Marshall

County/Region

Lyon

MLS | Web ID

6483718
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Flat
Appliances Exhaust Fan Freezer Range Refrigerator Stainless Steel Appliances Wine Cooler
Garage Spaces 1
Construction Materials Brick/Stone
Year Built 1933
Tenant Pays All Utilities
Levels Two
Property SubType Business
Tax Year 2023
Current Use Commercial Restaurant
Accessibility Doors 36 + Grab Bars In Bathroom
County Lyon
Property Type Commercial Sale
Contingency None
Subdivision Name Marshall
Possible Use Restaurant Investment Bar/Tavern
Directions Downtown Marshall between Maxwell Food Equipment and Fuzzy's.
City Marshall
Buyer Agent Compensation 2.70
High School District Marshall
Zoning Description Business/Commercial
Total Units 1
Street Name Main
Land Lease Y/N N
Tax Annual Amount 7228
Additional Parcels Y/N N
Days on Market 2
Standard Status Active
Lender Owned No
Amenities Unit City View Hardwood Floors Tile Floors Wet Bar
Buyer Agent Compensation Type %
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Interior
Basement Concrete Single Tenant Access Storage Space
Basement (Y/N) Y
Street Suffix Street
Ceiling Height Varied Heights
Fuel Natural Gas
Garage Dimensions 17x7
Garage Door Width 7
Garage Square Feet 112
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Exterior
Parking Features On-Street Parking Only Parking Lot
Water Source City Water/Connected
Inclusions Building Business Assets Business Fixture/Equipment Inventory
Lot Size Area 0.13
Building Area Total 4963
Lot Dimensions 42.7x132
Lot Size Units Acres
Foundation Area 7450
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 228
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* Excluded Features
List By
Edina Realty, Inc.

Broker

troydeutz@edinarealty.com

Email

Affordability Calculator

$6,680
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,077
Monthly Property Taxes
$602
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
2543112 Elementary School
2543124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/21/2024$870,000 Listed Price

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228 W Main Street, Marshall, MN, 56258 is a Commercial Property for sale at $870,000 with 4,963 sqft and a lot size of 0.13. 228 W Main Street is a studio with 0.0 baths and was built in 1933. The property's zip code is 56258 which is in Marshall, MN

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