$299,900

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Listed by Coldwell Banker Action

Description

BAR/RESTAURANT located on Post Lake for sale! Formally known as Post Lake Inn, this property offers a lot to the next investor/business owner just off K in Elcho. Property has 352 feet of waterfrontage on Post Lake. Several dock points for local boaters are available with walk way to the properties pier and stairway. Restaurant and Bar area includes a full kitchen with some appliances and equipment as well as walk in cooler/freezer. Dish area and cooking area are available. Oval wooded bar area has seating stools and coolers and equipment in place. Tappers in place with basement cooler area for taps and cold storage. Two areas as well for table seating and dining. One area has patio access as well to the back of the property where live music used to play and outside seating was available. Can be a great outdoor patio area again. Bathrooms in main bar/dining area and wheelchair accessible. Full basement offers an office space with bathroom area and extra bonus finished room. Storage galore with forced air furnace, electrical panel and water heater access. Parking lot fits 20 spaces or so off Cty K. Separate three car garage for storage as well next to restaurant has a one bedroom heated apartment with one full bathroom, open concept living quarters and deck off back to view lake. Some signage is available already. Conventional septic and well on property. Natural Gas services the property. Close to snowmobile trails for winter patrons. Spacious area where horse shoes can be played if desired located in the back yard. This bank owned property is ready for its next owner! Electronic earnest money through TrustFunds is now available. TrustFunds will charge a $5 convenience fee to the buyer for the use of this service. This information is compiled from miscellaneous sources and is believed accurate but not warranted. Neither the listing broker nor its agents, sub agents or property owner, is responsible for the accuracy of the information. Buyers are advised to verify all information.

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Property Details

Features Commercial/Industrial

Building SqFt: 0 Type: Business Opportunity
Total SqFt: 2,650 Units: 1
Land SqFt: 50000+ Parking: 11-25spaces, Blacktop/Asphalt, Paved, Street Parking
Municipality: Elcho, Town Of Area: Other
Possible Use: Sale/Rent: S
Short Sale/Foreclosure: Foreclosure
Body of Water: Previous Address:

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Listing History

Date Event Change
Oct 26 2020 10:02AM Price Change $299,900
Oct 12 2020 2:02PM Price Change $334,900
Aug 24 2020 12:18PM Price Change $349,900
Aug 12 2020 4:08PM Price Change $360,000

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Information believed accurate, but not warranted.

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