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Cafe Zona Rosa

Listed by Tim Miller

RESTAURANT FOR SALE: WALKER, MN

Property Description: Fantastic opportunity to own "A taste of Mexico in the heart of Walker." Cafe Zona Rosa is a family owned restaurant established in 1996. Located a couple blocks off of Leech Lake, they have garnered a reputation as a fun, welcoming, and family-friendly restaurant with a warm and festive atmosphere. They craft home made chips and salsa while offering a large assortment of Mexican and American dishes. All sauces, salsas and meats are made fresh daily, and there is a wide variety of hand-poured drinks including margaritas, mojitos, and cervezas. Along with the main level restaurant, the property also has an upper level containing 4 apartments, a lower level for storage, and an outdoor patio for summer-time fun.

Listing Details

mls: 5198397
Business Name: Cafe Zona Rosa
CC File #: 1517
Type of Business: Mexican Restaurant & Bar
Address: 101 5th Street N
City: Walker
State: MN
Zip: 56468
Zoning: CBD-Central Business District
PID#: 96-337-1425
Legal Description: Lots 5 thru 9 Block 14 & N 1/2 of vacated alley adjacent to Lot 9 Block 14, Original Plat
Lot Size : Acres: 0.29
Lot Dimensions: 123' x 130' x 83.4' x 100' x 10' x 25'
Building Size : Total Sq. Ft.: 8,832
Building Size : Main Level Sq. Ft.: 3,584
Building Size : Upper Level Sq. Ft.: 2,624
Building Size : Lower Level Sq. Ft.: 2,624
Sale Price: $599,000.00
Price Note: Purchase Price Includes Business, Real Estate, Furniture, Fixtures & Equipment. Inventory is additional.
Year Established: 1996

Directions: Located in Downtown Walker at the SE corner of 5th St N and Front St W (1 Block North of Minnesota Ave (Hwy 371) and 2 Blocks South of Leech Lake)
Property Features & Assets: Main Level: 3,584 SF Restaurant. Lower Level: 2,624 SF Unfinished Storage. Upper Level: 2,624 SF Apartments (Apartments 1, 2 & 3 are occupied, Apartment 4 is used as an office). Cabana Bar: 160 SF.

Property Features

Water: City
Sewer: City
Heating: Propane Gas Forced Air (Main Level); Fuel Oil Furnace (Upper Level & Lower Level)
Cooling: Central Air - Electric Ground Unit
Electric : Amps: Three (100 Amp) Panels
Electric : Phase: Three
Lighting: Fluorescent & Incandescent
Construction: Concrete Block & Brick
Foundation: Poured Concrete
Roof: 1/2 Flat Rubber Membrane & 1/2 Spray Erethane
Exterior: Brick & Wood Siding
Traffic Counts: 9,800 on Minnesota Ave W & 1,050 on 5th St N
Other: Seating Capacity: 106
Property Tax Year: 2018
Annual Property Tax: $9,120.00
Ceiling Height: 8' - 11'
Floor Drains: 12+
Bathrooms: 8 (3 Main Level, 1 Lower Level, 4 Upper Level (1 per Apartment))
Parking Spaces: On-Street Parking on 5th St N & Front St W plus Open Parking along the N side of Front St W
Road Frontage: 123' along 5th St N and 130' along Front St W
Neighboring Businesses: Just a few steps away from the lake and bike trail in downtown Walker, nearby businesses include Chase on the Lake, VFW, The General Store, Reeds, Benson's, Village Square Cafe, Lundrigans, Christmas Point, Thrifty White Pharmacy, Subway, Cenex, Dairy Queen, Hardee's, plus numerous other shops and services.
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Information provided by members of Greater Lakes Association of Realtors. Copyright 2009 Greater Lakes Multiple Listings Service. All rights reserved. Information is deemed reliable but not guaranteed.