$325,000 5454 Waterway Road Isle, MN

MLS: 4522385   Type: Commercial   County: Mille Lacs   City: Isle   Zip: 56342   Style: Business Opportunity,Resort     Taxes: $10,134

Mortgage $1,526 /mo



Half Baths

Sqr Footage

Lot Size








Restaurant is operational and currently being leased. Prime location with 150ft of lakeshore on Mille Lacs East Side next to a public access. Great opportunity for owner operator. With purchase of business, sellers can transfer 100k; 0% interest loan with payments deferred to 2022! Great way to offset startup costs.

Elementary School

Middle School

High School

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Price History

8/30/2014 Listed $399,900
10/15/2014 1% - $397,900
1/26/2015 5% - $380,000
2/19/2015 3% - $370,000
5/4/2015 3% - $359,900
8/18/2016 5% - $345,000
9/9/2016 3% - $335,000
5/29/2017 3% - $325,000

Contingency None
Handicap Accessible No Stairs Internal
Listing Status Active
Municipality Isle
Property Type CMU
School District 473 - Isle
Year Built 1979
Zoning Business/Commercial, Shoreline

Interior Features

A/C Central
Amenities - Unit Patio, Natural Woodwork, Other
Appliances Range, Cooktop, Indoor Grill, Microwave, Exhaust Fan/Hood, Refrigerator, Freezer, Other
Fuel Propane
Garage Stalls 0
Heating Forced Air, Other

Exterior Features

Building Finished Square 3104
Exterior Wood, Brick/Stone
Foundation Size 3104
Lake Chain 0
Lake/Waterfront Lake Front
Lake/waterfront - Y:n 1
Lakeacres 128226.17000
Lakebottom Gravel, Rocky
Lakedepth 42
Lot Description Irregular Lot, Tree Coverage - Light
Other Parking Spaces 25
Sewer Private, Mound
Water Well
Waterfrontelevation 0-4
Waterfrontname Mille Lacs Lake
Waterfrontview Lake, West

Property Schools

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Gallery (18 photos)

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Property vs Zip Code Avg (56342)

Price 325K Avg 224K

Sqr Feet 3,104 Avg 3,816

Cost / Sqr Ft $105 Avg $59

Taxes $10,134 Avg $4,400

Visits 42 Avg 30

Days on Site 1,271 Avg 397

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Location & Address

Trust Real Estate Team
11200 W 78th St
Twin Cities, MN

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