About This Restaurant
Investment Highlights
Motivated Seller Restaurant/Lounge with exceptional revenue located on site 2023 NOI: $1,118,811 Listing includes adjacent vacant parcel 2023 Room Revenue: $1,884,306, 2023 Gross Revenue: $3,092,537
Executive Summary
The Bowman Post Group of NewGen Advisory is pleased to present for sale The Patch Lodge located in Warroad, MN along with a lucrative restaurant and grill called Izzy's. This property is well located off Minnesota State Highways 11 and 313. The Patch Lodge is just 2 miles from the Warroad Memorial International Airport and 7.5 miles south of the Canadian border, making this property a convenient stop for many travelers. The city of Warroad can be found up North in Minnesota and is the only American city on the Lake of Woods. Here, visitors and residents can experience the great outdoors, find amazing walleye fishing, and get a taste of Hockeytown USA. Warroad is known for the winter seasons as hockey comes out to play. Home to several Olympic, NHL, collegiate hockey players and the famous?Warroad Lakers, this town truly lives up to its reputation. BROKER OF RECORD: THE MINNESOTA REAL ESTATE TEAM | RYAN R O'NEILL | MN LIC. NO. 20396644
Property Details
- Sale Type Owner User
- Property Type Retail
- Property Subtype Restaurant
- Building Size 5,820
- Building Class C
- Year Built 1979
- Building Height 2 Stories
- Building FAR 0.17
- Land Acres 0.78 AC
| Date Created: | 2024-07-16 04:16:21 | Last Updated: | 2024-07-16 04:16:21 |
| Address: | 801 State Ave NE , Warroad, Minnesota, 56763 | ||