For Sale: Balsam Lake MLS# 7046822
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Property Description
Location, Location, Location-Turnkey Opportunity (Building/Equipment) in the Heart of Balsam Lake! Step into a rare chance to own a well-established local favorite in the charming lake community of Balsam Lake. This location is a beloved gathering spot with prime location just minutes from the water, local shops, and year-round recreation. This property offers a seamless transition for new ownership, featuring drive thru window, well-equipped commercial kitchen, dining area, and layout designed for efficiency and comfort. Positioned in a high-visibility location with consistent foot and vehicle traffic, the property benefits from strong community presence and seasonal tourism. Expand the vision with opportunities for extended hours, special events, or menu enhancements to maximize revenue potential. Bring your passion, creativity, and entrepreneurial spirit—this is your chance to own a staple of the Balsam Lake community!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$154,900
Property Type:
Commercial
City:
Balsam Lake
Garage Spaces:
0
County:
Polk
Year Built:
1950
State:
WI
Property Style:
1 Story
Zip Code:
54810
Interior
Flooring:
Carpet, Concrete Slab, Tile
Refrigerators:
One
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
1,500 ft2
Foundation Dimensions:
50x30
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Gravel
Road Frontage:
State Road
Pool:
None
Roof Details:
- Flat
- Rubber
Lot & Land
Acres:
0.16
Geolocation:
45.4498916552, -92.4533082779
Inclusions:
Building, Fixture/Equipment, Land
Lot Dimensions:
90 x 78
Zoning:
Business/Commercial
Schools
School District:
1132
District Phone:
7158253515
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,267
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,267
Units
Total Units:
1
Miscellaneous
Current Use:
Restaurant
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Saphire Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.