Don’t miss this opportunity to own a newly renovated event/banquet/restaurant building of nearly 11,000 sqft with over 100 parking spaces located by busy Central Ave Road on 1.17 acres. Seller has spent over $800,000 dollars towards improvement and remodeling of the building in 2019. new plumbing, new kitchen, new equipment, new interior, new bar, new HVAC, new AC, and new bathrooms and plumbing. Large three-season porch with a private wet bar. A large bar, a large beer cooler, 2 large dry storages, one private room, two large bathrooms, and a large stage. Inventory is excluded from the sale. The building is currently used for wedding events and opens for delivery and take-out food. Kitchen has a 20 ft hood, walk-in cooler, walk-in freezer, standing freezer, 4 wok burners, a grill, 2 fryers, and 2 prep coolers. Must be an agent present at showing. No entry into the building without a licensed agent.
The median home value in Spring Lake Park, MN is $318,500. This is lower than the county median home value of $326,900. The national median home value is $338,100. The average price of homes sold in Spring Lake Park, MN is $318,500. Approximately 68.23% of Spring Lake Park homes are owned, compared to 28.39% rented, while 3.39% are vacant. Spring Lake Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spring Lake Park real estate agent to arrange a tour today!
Spring Lake Park, Minnesota has a population of 6,920. Spring Lake Park is less family-centric than the surrounding county with 22.26% of the households containing married families with children. The county average for households married with children is 33.56%.
The median household income in Spring Lake Park, Minnesota is $72,083. The median household income for the surrounding county is $88,680 compared to the national median of $69,021. The median age of people living in Spring Lake Park is 41.9 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 6.6 degrees. The average rainfall is approximately 32 inches per year, with 52.5 inches of snow per year.