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40240 Wabasha County Road 90
Mazeppa, MN 55956
Asking Price
$1.50M
Asset Type
Restaurant Retail
Class
Class B
What's Special
Rare turnkey waterfront hospitality opportunity <ul><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">The only bar and restaurant on the lake, serving hundreds of nearby residences and thousands of annual visitors</span></li></ul><p></p><ul><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">Significant upside opportunity for a new owner to refresh branding, expand marketing, introduce events/live entertainment, and modernize menu offerings</span></li></ul><p></p><ul><li><span style="color: rgba(0,0,0,var(--O42jJQ,1))">Turnkey opportun
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179