505 W Lake Street
Cologne, MN 55322

  • 0.25acres
Est. P&I payment: $1336.38/mo
505 W Lake Street, Cologne, MN 55322
  • 505 W Lake Street, Cologne, MN 55322 Photo 1
  • 505 W Lake Street, Cologne, MN 55322 Photo 2
  • 505 W Lake Street, Cologne, MN 55322 Photo 3
  • 505 W Lake Street, Cologne, MN 55322 Photo 4
Description for 505 W Lake Street, Cologne, MN 55322
Awesome Inside and Out Family Owned Bar and Restaurant in Cologne! This is A Beauty! Great Opportunity to Take Over a Very Well Run Business! The Remodeling and Additions are Complete! Patio and Screen Porch Overlook Private Backyard with Mature Trees! Interior is up to Date and the Kitchen is Awesome! 600 Finished Square Foot Apartment is Above the Restaurant!
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My Notes for MLS #4787539

General Features

  • Acres: 0.25
  • Current Use: Restaurant,​Tavern/Lounge,​Commercial
  • Foreclosure Status: No
  • Year Built: 1927
  • Sale Includes: Business,​Building,​Land,​Inventory,​Fixture/Equipment
  • Total Number of Units: 2
  • Status: Active

Exterior Features

  • Exterior: Wood
  • Parking Characteristics: Driveway - Asphalt
  • Road Frontage: City,​Paved Streets
  • Lot Description: Irregular Lot,​Tree Coverage - Light
  • Lot Dimensions: 145x75
  • Other Parking Spaces: 20

Interior Features

  • Building Finished Square: 2,980
  • Handicap Accessible: Wheelchair Ramp,​Grab Bars In Bathroom
  • Basement: Full,​Drain Tiled,​Sump Pump,​Concrete Block
  • Roof: Asphalt Shingles,​Pitched,​Age 8 Years or Less
  • Number of Units 1: 1

Utilities Features

  • Appliances: Range,​Indoor Grill,​Microwave,​Exhaust Fan/Hood,​Refrigerator,​Freezer,​Washer,​Dryer,​Water Softener - Rented
  • Air Conditioning: Central,​Window
  • Heating: Forced Air
  • Fuel: Natural Gas
  • Water: City Water/Connected
  • Number of Ranges: Three
  • Number of Refrigerators: Three
  • Sewer: City Sewer/Connected

Financial Features

  • Tenant Expenses: None
  • Tax Amount: 7,275
  • Tax With Assessments: 7,400
  • Tax Year: 2016

Community Features

  • County: Carver
  • Municipality: Cologne
  • Postal City: Cologne (MN)
  • Complex/Development/Subdivision: City Lots of Cologne

School Features

  • School District: 108 - Central
  • School District Phone: 952-467-7000

Misc Features

  • Amenities - Shared: None
  • Amenities - Unit: Deck,​Patio,​Porch,​Natural Woodwork,​Kitchen Window,​Vaulted Ceiling(s),​Ceiling Fan(s),​Tiled Floors,​Washer/Dryer Hookup,​Security System,​Local Area Network
  • Foundation Size: 2,362
  • Zoning: Business/Commercial
  • Lender Owned: No
  • Potential Short Sale: No
  • Number of Efficiencies: 1


Street View Not Available
Directions to 505 W Lake Street, Cologne, MN 55322
From Hwy 212 turn on to Hwy 284 N. though downtown Cologne, Take Left on Lake Street W. to property.
The listing information for 505 W Lake Street, Cologne, MN 55322 was graciously provided by our friends at the listing brokerage, Chestnut Realty Inc

Get Financing for 505 W Lake Street, Cologne, MN 55322

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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($ or %)
P&I Payment $1336.38
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Last Updated 01/16/2018 at 7:30am
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