48493 Lily Avenue, Shamrock Twp, MN

$539,000 - Horseshoe Lake

4,724

Square feet

2.82

Acres

About 48493 Lily Avenue

*RARE* The Blue Moose on the Lake is for sale! This establishment has been around for decades serving the public fine food and beverages. The business will be sold with the contents, furniture, appliances, utensils AND the inventory. The property has 440 feet of shoreline. Plenty of docking space, and the docks are included with premium gas service lakeside. Gas tank is in compliance. Comfortable lounge and recently demo'd dining room. Lounge dining area and log bar. Brand new deck built last fall with drink rail facing the lake. 40'x40 detached garage. This property has a private & ONLY boat landing on Horseshoe Lake! Here is your opportunity to get out of the cities and live the clean comfortable life here in the lakes area. This business has always done well! Improvements in the past 2 yrs INCLUDE: NEW 14x60 Deck 25K, 2 - 5 Ton HVAC Systems. $36K, Fryer $4250, Prep Top $2600, Dishwasher: $3600, Bar Glass DW $8000, Paint $8500, On Demand Hot Water System with Back Up & Filter $12000.00. Recent updates are: fresh paint, new floors, new ceiling, new string lights. Built new bar with a river pour epoxy with sea shells and a Jimmy Buffett inlay and LED lights. Liquor tap wall with new subway tile. Built to feel like a tiki bar in Key West! We call it The Key West room!! $65,000 remodel just finished. Also a brand new outside bar built on the deck! Sale price includes the property purchase along with the The Blue Moose on the Lake as a separate entity (liquor license holder) which rents the space from the property ownership company. MUST SEE!

Features of 48493 Lily Avenue

MLS® # 6643503
Price $539,000
Bathrooms 0.00
Square Footage 4,724
Acres 2.82
Year Built 2004
Type Commercial
Sub-Type Business Opportunity
Style Business
Status Active
Contingency Type None
Lake Name Horseshoe Lake

Community Information

Address 48493 Lily Avenue
City Shamrock Twp
County Aitkin
State MN
Zip Code 55760

Amenities

# of Garages 2
Garages Gravel, Parking Lot
View Lake
Is Waterfront Yes
Waterfront Lake Front
Has Pool No

Interior

Heating Forced Air
Fireplace No
Has Basement No

Exterior

Construction Log, Metal Siding

School Information

District McGregor

Additional Information

Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $5,158
Tax Year 2024
Office Elite Realty Minnesota

Listing Details

OfficeElite Realty Minnesota

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