5480 Tacoma Avenue, Mayer, MN 55360 (MLS# 6247618)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 220
Owner Occupied: No
Year Built: 2018
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Single Family
Foundation Size: 18992
Garage Stalls: 8
For Sale or Lease: For Sale
Acres: 51.68
Lot Dimensions: 942x2427x933x2246

Property Features

Accessible: Door Lever Handles; Doors 36"+; Fully Wheelchair; Hallways 42"+ Air Conditioning: Central Air; Ductless Amenities Shared: Common Garden; Concrete Floors & Walls; Deck; Fire Sprinkler System; In-Ground Sprinkler System; Porch Amenities Unit: Cable; Ceiling Fan(s); Deck; Ethernet Wired; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Panoramic View; Porch; Satellite Dish; Security Lights; Security System; Skylight; Tile Floors; Vaulted Ceiling(s); Washer/Dryer Hookup Appliances: Air-To-Air Exchanger; Central Vacuum; Dishwasher; Disposal; Dryer; Freezer; Fuel Tank - Rented; Gas Water Heater; Microwave; Range; Refrigerator; Tankless Water Heater; Washer; Water Filtration System Basement: Egress Windows; Full; Storage Space CMU Style: Business Opportunity; Mixed Use; Other Commercial Kitchen Appliances: Ice Machine; Other; Refrigerator Construction Materials: Concrete; Timber/Post & Beam Construction Status: Previously Owned Current Use: Event Space; Food Service; Professional Service; Vineyard Existing Financing: Conventional Exterior: Steel Siding; Wood Fencing: Partial; Split Rail Financing Terms: Cash Flooring: Carpet; Concrete Slab; Floor Drains; Tile; Vinyl/Linoleum Fuel: Propane Heating: Forced Air; In-Floor Heating Internet Options: Fiber Optic Loan Terms: Cash; Conventional Location Description: Free Standing; Other/See Remarks Lot Description: Irregular Lot; Suitable for Horses; Tillable; Tree Coverage - Medium; Vineyard Miscellaneous Information: 2+ Lavatories; Alarms; Building Sign; Delivery Door; Kitchen Facilities; Out Buildings; Overhead Doors; Three Phase On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Overhead Door Clearance: 0-9 Feet; 10-14 Feet Owner Pays: All Utilities; Broadband; Electricity; Fuel; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water Pool Description: None Road Frontage: Highway; Paved Streets; Township; Unpaved Streets Road Responsibility: Public Maintained Road; Road Maintenance Agreement Roof: Age 8 Years or Less; Asphalt Shingles; Metal; Pitched Sewer: Mound Septic; Private Sewer; Tank with Drainage Field Stories: Two Tenant Pays: Taxes Topography: Meadow; Pasture; Level; Rolling Wall Description: Concrete/Block; Drywall; Insulated; Wood Water: Well Window Features: Insulated Windows

Contract Information

Off Market Date: 2023-02-08
Closed Date: 2023-02-24
Sales Close Price: 5750000
Contingency: None
ListPrice: 5545000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 5480
Street Name: Tacoma
Street Suffix: Avenue
Postal City: Mayer
County: Carver
State: MN
Zip Code: 55360

Assessments

Tax With Assessments: 3042
Assessment Balance: 0

Building Information

Building Finished SqFt: 16632
Building SqFt: 16632
Ceiling Height: Varied Heights

More Information

Income and Expenses

Annual Electric Expense: 10800
Annual Fuel Expense: 750
Annual Gross Expenses: 314697
Annual Gross Income: 497420
Annual Insurance Expense: 5500
Annual Maintenance Expense: 6000
Annual Net Income: 446596
Annual Trash Expense: 1560
Total Annual Expenses: 314697

Lease Details

Land Leased: Not Applicable
Monthly Land Lease Amt: 0

Miscellaneous Information

Homestead: No
2+ Lavatories: Yes
Alarms: Yes
Building Sign: Yes
Delivery Door: Yes
Kitchen Facilities: Yes
Out Buildings: Yes
Overhead Doors: Yes
Three Phase: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 26
Section#: 35
Township#: 117

Sale Options

Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Liquor License

Unit 1

Unit Number: 5570
Monthly Rent: 1750
Full Baths: 2
Half Baths: Yes
Three-Quarter Baths: Yes
Total Bathrooms: 4
Total Bedrooms: 4
Total Rooms: 15
Unit Total SqFt: 6000
Leased?: No
Lease Expiration Date: 2022-09-07
No. of 1 Bedroom Units: Yes

Unit 2

No. of 2 Bedroom Units: Yes

Unit 3

No. of 3 Bedroom Units: Yes

Unit Details

Total Units: 7

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

Legal Description: P/O NE1/4 DESC AS: BEG AT NE CORN NE1/4 TH S ON E LINE 905.81' TH W 1120' TH S87*W 1340.87' TO E LINE OF W 10 AC OF NE1/4 E LINE OF SAID 10 AC SHALL BE PARALLEL WITH W LINE OF NE1/4 TH N ON E LINE 968
Listing City: Mayer
Map Page: 114
Municipality: Mayer
Rental License?: No
School District: Watertown-Mayer
School District Phone: 952-955-0480
Map Coordinate Source: RETS
Zip Plus 4: 4193
Property ID Number: 060350313
Tax Year: 2021
Tax Amount: 3042
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to the breathtaking Ashery Lane Farm where elegance meets country! This 64 acre exquisite vineyard, orchard and premier Twin Cities event space is located on some of Minnesota’s finest soils formed by glaciers 10,000 years ago. The orchard is home to 12,000 apple trees. Varieties including SweeTango, Honeycrisp, Zestar!, Wealthy, Cortland and Haralson. The vineyard produces grapes to 2 distinct white wines; the Frontenac Blanc variety and Itasca variety. While not currently making wine, all of the grapes are slated to be sold to MN wineries. Whether hosting a board of directors or your future in-laws, the space happily accommodates corporate groups or family celebrations, and most everything in between. The venue is set to accommodate all meeting/event needs with first class catering options to on-site entertainment. Enjoy wagon rides throughout the orchard, seasonal apple picking and DIY floral arranging, cider tastings, horticultural educational seminars, & bocce ball.
Directions: Highway 7 to Tacoma Avenue

Accessible

Door Lever Handles: Yes
Doors 36"+: Yes
Fully Wheelchair: Yes
Hallways 42"+: Yes

Air Conditioning

Central Air: Yes
Ductless: Yes

Amenities Shared

Common Garden: Yes
Concrete Floors & Walls: Yes
Deck: Yes
Fire Sprinkler System: Yes
In-Ground Sprinkler System: Yes
Porch: Yes

Amenities Unit

Cable: Yes
Ceiling Fan(s): Yes
Deck: Yes
Ethernet Wired: Yes
French Doors: Yes
Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes
Paneled Doors: Yes
Panoramic View: Yes
Porch: Yes
Satellite Dish: Yes
Security Lights: Yes
Security System: Yes
Skylight: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Washer/Dryer Hookup: Yes

Appliances

Air-To-Air Exchanger: Yes
Central Vacuum: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Fuel Tank - Rented: Yes
Gas Water Heater: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Tankless Water Heater: Yes
Washer: Yes
Water Filtration System: Yes

Basement

Egress Windows: Yes
Full: Yes
Storage Space: Yes

Construction Materials

Concrete: Yes
Timber/Post & Beam: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Conventional: Yes

Exterior

Steel Siding: Yes
Wood: Yes

Fencing

Partial: Yes
Split Rail: Yes

Financing Terms

Cash: Yes

Flooring

Carpet: Yes
Concrete Slab: Yes
Floor Drains: Yes
Tile: Yes
Vinyl/Linoleum: Yes

Fuel

Propane: Yes

Heating

Forced Air: Yes
In-Floor Heating: Yes

Internet Options

Fiber Optic: Yes

Lot Description

Irregular Lot: Yes
Suitable for Horses: Yes
Tillable: Yes
Tree Coverage - Medium: Yes
Vineyard: Yes

Owner Pays

All Utilities: Yes
Broadband: Yes
Electricity: Yes
Fuel: Yes
Insurance: Yes
Janitorial Service: Yes
Lawn: Yes
Maintenance/Repair: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Pool Description

None: Yes

Road Frontage

Highway: Yes
Paved Streets: Yes
Township: Yes
Unpaved Streets: Yes

Road Responsibility

Public Maintained Road: Yes
Road Maintenance Agreement: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes
Metal: Yes
Pitched: Yes

Sewer

Mound Septic: Yes
Private Sewer: Yes
Tank with Drainage Field: Yes

Stories

Two: Yes

Topography

Meadow: Yes
Pasture: Yes
Level: Yes
Rolling: Yes

Wall Description

Concrete/Block: Yes
Drywall: Yes
Insulated: Yes
Wood: Yes

Water

Well: Yes

Window Features

Insulated Windows: Yes

No. of Ranges

One: Yes

No. of Refrigerators

Three: Yes

Tenant Pays

Taxes: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Separate: Yes

CMU Style

Business Opportunity: Yes
Mixed Use: Yes
Other: Yes

Commercial Kitchen Appliances

Ice Machine: Yes
Other: Yes
Refrigerator: Yes

Current Use

Event Space: Yes
Food Service: Yes
Professional Service: Yes
Vineyard: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Location Description

Free Standing: Yes
Other/See Remarks: Yes

Overhead Door Clearance

0-9 Feet: Yes
10-14 Feet: Yes