Waterfront - Lease to Own
Address
7609 Young's Bay Drive NW Angle Inlet, MN
Price
$ 699,000
Property Attributes
  • ID#6068535
  • TypeCommercial
  • CountyLAKE OF THE WOODS
  • CityAngle Inlet
  • Zip56711
  • StyleBusiness
  • Year Built1985
  • Taxes$ 3954
  • Price$ 699,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3456
  • Lot Size1.99 Acres
Listing Provided Courtesy Of:
Reed Realty
Data Source:
Northstar MLS (NSTAR)
Property Description

Landmark Restaurant at the Northwest Angle is now offered for SALE or LEASE! Jerry's Restaurant is the only full service restaurant on the mainland of the Angle, and boasts the longest busy season in the area. Completely remodeled in 2017, now with 68 seats in the restaurant, 17 seats at the bar, and the roof-top deck seating 20 - this attractive opportunity is ready for the next level! The location of this property sets you at the focal point of the NW Angle, over 90% of visitors who travel to the NW Angle pass right by your front door! The Northernmost Point monument is about 100 feet away, and with over 1500 feet of shoreline - the possibilities are endless! Owner is very open to LEASE options, making this a landmark opportunity for you! Listing also includes two staffing housing units.

Price History
7/26/2021 Listed $725,000
9/22/2021 4% - $699,000

General Features

Accessibility None
Additional Parcels Y/N No
Amenities Unit Other
Appliances Microwave, Range, Refrigerator
Association Amenities Other
City Angle Inlet
Construction Materials Fiber Cement
Contingency None
Cooling Central Air
County Lake of the Woods
Current Use Food Service
Days on Market 94
Directions From Warroad: north on Hwy. 313, right at Sprague on Hwy. 308, right on MB-525 E continue to Jim's corner, right at Jim's Corner onto Co. Rd. 331, property on right.
Heating Forced Air
High School District Warroad
Lender Owned No
Property SubType Business
Property Type Commercial Sale
Roof Metal
Sewer Private Sewer
Standard Status Active
Street Name Young's Bay
Tax Annual Amount 3954
Tax Year 2019
Total Units 2
Utilities None
Water Body Name Lake of the Woods
Waterfront Features Lake Front
Year Built 1985
Zoning Description Business/Commercial

Interior Features

Fuel Electric, Propane
Lake Acres 1074558
Street Suffix Drive
Unit Type Efficiencies, 1 Bedroom, 2 Bedroom, 3 Bedroom, One Room, Two Room, Three Room, Four Room, Five Room, Six Room, Seven Room
Waterfront Feet 1700

Exterior Features

Foundationarea 3456
Inclusions Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases, Liquor License
Lot Dimensions 685x1200
Lot Size Area 1.99
Lot Size Units Acres
Parking Features Gravel
Road Frontage Type County Road, Unpaved Streets
Water Source Private
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 56711

Price
AVG $700K
$700K
Taxes
AVG $3,954
$3,954
Visits
AVG 11
10
Year Built
AVG 1985
1985

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