102 WALDO Avenue S, Ihlen, MN 56164 (MLS# 7033856)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 15
Waterfront Present: No
Year Built: 1950
Yearly/Seasonal: Yearly
Zoning: BUSINESS/COMMERCIAL
Foundation Size: 3834
For Sale or Lease: For Sale
Acres: 0.65
Lot Dimensions: 142X200
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: Fully Wheelchair; Grab Bars In Bathroom; Roll Under Accessibility Air Conditioning: Central Air; Ductless Appliances: Cooktop; Dishwasher; Disposal; Freezer; Indoor Grill; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Storage Space; Sump Pump; Unfinished CMU Style: Business Opportunity Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer; Warming Table Construction Materials: Block Construction Status: Previously Owned Current Use: Commercial; Food Service; Restaurant; Tavern/Lounge; Vacant Exterior: Vinyl Flooring: Carpet; Tile Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Contract for Deed; Conventional; USDA; VA Location Description: Free Standing Lock Box Type: Combo Lot Description: Irregular Lot Miscellaneous Information: 2+ Lavatories; Delivery Door; Exterior Lighting; Kitchen Facilities; Three Phase On Site Utilities: Heating Common Parking Characteristics: Gravel Lot Potential Use: Diversified; Lounge/Bar; Rest/Lounge; Restaurant Sewer: City Sewer - In Street Stories: One Wall Description: Drywall; Finished Water: City Water - In Street

Contract Information

Contingency: None
ListPrice: 257000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 102
Street Name: WALDO
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Ihlen
County: Pipestone
State: MN
Zip Code: 56164
Complex/Dev/Subdivision: O P OF IHLEN

Assessments

Tax With Assessments: 828
Assessment Balance: 0

Basement

Foundation Dimensions: 54x71
Concrete Block: Yes
Storage Space: Yes
Sump Pump: Yes
Unfinished: Yes

More Information

Building Information

Building Finished SqFt: 3834
Building SqFt: 3834

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No
2+ Lavatories: Yes
Delivery Door: Yes
Exterior Lighting: Yes
Kitchen Facilities: Yes
Three Phase: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 46
Township#: 105

Sale Options

Sale Includes: Building, Business Assets, Fixture/Equipment, Inventory

Unit Details

Total Units: Yes

Office/Member Info

Association: WCAR

Location, Tax and Other Information

Legal Description: LOTS 1 TO 8 BLK 2 P18
Listing City: Ihlen
Map Page: 999
Municipality: Ihlen
School District: Pipestone Area Schools
School District Phone: 507-825-5861
Zip Plus 4: 1809
Property ID Number: 162000280
Tax Year: 2025
Tax Amount: 828
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: THIS 3834 SQ. FT., BUILDING WAS RECENTLY, & EXTENSIVELY UPDATE. IT IS A SINGLE STORY RESTAURANT/BAR LOCATED ALONG HWY 23 WITH GREAT VISIBILITY. IT IS A GREAT LOCATION, CLOSE TO PIPESTONE, JASPER, TRENT AND TROSKY. THIS FACILITY SITS ON A 0.65 ACRE LOT. IT OFFERS A GENEROUS AMOUNT OF PARKING. NO EXPENSE WAS SPARED WITH THE UPDATES, WHICH WERE FINISHED LATE FALL OF 2019. MOST RECENT UPDATES ARE A NEW FURNACE AND A/C UNITS. DON'T MISS THE OPPORTUNITY TO OWN THIS TURNKEY PROPERTY.
Directions: HWY 23 EAST ON JUDD ST THEN NORTH ON WALDO ST S.

Accessible

Fully Wheelchair: Yes
Grab Bars In Bathroom: Yes
Roll Under Accessibility: Yes

Air Conditioning

Central Air: Yes
Ductless: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Freezer: Yes
Indoor Grill: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Assumable Loan

Not Assumable: Yes

Construction Materials

Block: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Flooring

Carpet: Yes
Tile: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lock Box Type

Combo: Yes

Lot Description

Irregular Lot: Yes

Parking Characteristics

Gravel Lot: Yes

Sewer

City Sewer - In Street: Yes

Stories

One: Yes

Wall Description

Drywall: Yes
Finished: Yes

Water

City Water - In Street: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Three: Yes

On Site Utilities

Heating Common: Yes

CMU Style

Business Opportunity: Yes

Commercial Kitchen Appliances

Cookware/Utensils: Yes
Dishwasher: Yes
Flat Top: Yes
Freezer: Yes
Fryer: Yes
Grill: Yes
Ice Machine: Yes
Oven: Yes
Pre-Piped Fire Suppression System: Yes
Prep Station: Yes
Refrigerator: Yes
Shelving and Racks: Yes
Walk-In Cooler/Freezer: Yes
Warming Table: Yes

Current Use

Commercial: Yes
Food Service: Yes
Restaurant: Yes
Tavern/Lounge: Yes
Vacant: Yes

Loan Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes
USDA: Yes
VA: Yes

Location Description

Free Standing: Yes

Potential Use

Diversified: Yes
Lounge/Bar: Yes
Rest/Lounge: Yes
Restaurant: Yes