8548 SKI CHALET DR, BREEZY POINT, MN
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1 RESTAURANT & BAR 8548 SKI CHALET DR, BREEZY POINT, MN COMMERCIAL REAL ESTATE BUSINESS BROKERAGE LAND & BUILDING DEVELOPMENT INVESTMENT & INCOME PROPERTIES TAX DEFERRAL STRATEGIES
2 { Table of Contents } Page 3-5 Features 6-8 Floor Plans 9-12 Photos 13, 14 Aerial Photos 15 Section Map 16 Zoning Map 17 Traffic Counts 18 Location Map 19, 20 Demographics 21 Thank You 22 Agency Disclosure 23 Contact 2
3 { Features } Restaurant / Bar, Tubing Hill, Living Quarters & Storage. Primetime Food & Spirits is a one-of-a-kind facility located on 16+ acres in Breezy Point. The property includes a large tubing hill w/tow ropes, tubes, two snow machines, snow groomer, and tubing storage shed. A large storage garage has both a heated shop and cold storage with an overhead door. The restaurant is a two level building with ample dining on the main level, along with a bar, dance floor, band stage, gaming area and kitchen. The lower level is also equipped with a bar, dining area and gaming area, along with an office and living quarters. This nostalgic lakes area supper club has been feeding and entertaining the masses for decades with live bands, delicious food and recreational tubing. Location: 8548 Ski Chalet Drive, Breezy Point, MN Directions: From the entrance gates of Breezy Point Resort (CR 4 & CR 11) - North on CR 4 - Left (west) on Ski Chalet Drive to the property on the right (north) Lot Size: Restaurant Size: Main Level: Lower Level: Storage Garage: 16.4 Acres (714,544 sq. ft.) 10,368 sq. ft. Total 5,184 sq. ft. (Bar & Restaurant) 5,184 sq. ft. (Bar/Dining & Living Quarters) 2,500 sq. ft. (50 x 50 ) - Heated Shop & Cold Storage Tubing Shed: 640 sq. ft. (40 x 16 ) Purchase Price: $649,000 + Inventory (Price includes Land, Buildings and all Tubing Hill & Restaurant Furniture, Fixtures & Equipment) Continued on next page. 3
4 { Features } 2016 Taxes: $10,708 (Including $45 in Assessments) Sewer: Large Capacity Septic (1995) Water: Heating/Cooling: Electric: Lighting: Well Natural Gas Forced Air 3-Phase Light Fixtures & Fluorescent Year Built: 1961 Additions: 1985 & 2000 Construction Type: Foundation: Exterior: Roof: Overhead Doors: Ceiling Height: Bathrooms: Floor Drains: Sprinkled: Restaurant Seating Capacity: Restaurant: Log Storage Garage: Post Frame Restaurant: Concrete Block & Poured Concrete Slab Storage Garage: Poured Concrete in Heated Shop & Dirt in Cold Storage Restaurant: Log Storage Garage: Steel Restaurant: Asphalt Shingles Storage Garage: Steel 1(20 W x 14 H) on Storage Garage Restaurant: 15 Vaulted on Main Level & 8 on Lower Level Storage Garage: 9 in Heated Shop & 16 in Cold Storage Main Level: 2 Public Lower Level: 2 Public, 1 Private Yes (in Kitchen) No (Includes both levels) Continued on next page. 4
5 { Features } Security: High Speed Internet: Parking: Frontage: Yes (16-Camera System) Yes Approx. 150 Paved Parking Stalls Along Ski Chalet Drive Signage: There is a pylon sign for the restaurant along CR 11 Zoning: Legal Description: PID#: Neighboring Businesses: C - Commercial It is the purpose of this district to establish and maintain a district consisting of offices, stores, retail, fuel sales, restaurants, bars, storage facilities, repair shops and other commercial businesses needed to support the community and provide for the general commerce. (Prior Code, 8.05, Subd. 12) (Ord. 123, passed ; Ord , passed ) Part of Sections 8, 9, 16, & 17, Township 136, Range 28, Crow Wing, MN (See Agent for Full Legal) B00009, C00009, A00009 & A00889 Located just north of Breezy Point Resort & Golf Course - nearby businesses include The Marina, Oasis Gas Station, Pelican Square Gas Station, Commander Bar, Antler s, Whitebirch Golf Course, Deacon s Lodge Golf Course, Billy s, Breezy Points Sports Center, Eagle View Elementary School, Landis+Gyr, plus others. 5
6 { Floor Plan } Main Level - Bar/Restaurant 2011 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neither 6
7 { Floor Plan } Lower Level - Bar/Restaurant & Living Quarters 7
8 { Floor Plan } Storage Garage & Tubing Shed 8
9 { Photos } Restaurant & Parking Main Level - Entrance Main Level - Entrance Main Level - Bar & Dining Main Level - Bar & Dining Main Level - Front Dining Area 9
10 { Photos } Main Level - Back Dining Area Main Level - Kitchen Main Level - Kitchen Lower Level - Bar & Dining Lower Level - Dining w/ View of Hill Lower Level - Pool Table 10
11 { Photos } Living Quarters - Office Living Quarters - Bedroom Volley Ball Court Storage Garage Storage Garage - Heated Shop Storage Garage - Cold Storage 11
12 { Photos } Tubing Shed Tubing Hill & Tow Rope (Off-Season) Tubing Hill & Tow Rope (Day View) Tubing Hill & Tow Rope (Night View) Restaurant & Tubing Hill (Night View) Signage along CR 11 12
13 { Aerial Photo } 13
14 { Aerial Photo } Restaurant/Bar & Tubing Hill Deacon s Lodge Golf Course N Billy s Police Station PELICAN LAKE Antlers Whitebirch Golf Course Commander Bar Pelican Square The Oasis Breezy Point Resort & Golf Course 16.4 Acres 14
15 { Section Map } 15
16 { Zoning Map } City of Breezy Point C - Commercial 16
17 { Traffic Counts } 2007 Counts from MNDOT Breezy Point Traffic Counts: 3,450 on CR 4 and 4,550-4,850 on CR 11 17
18 { Location Map } North South 18
19 { Demographics } Figures from STDB, CCIM Trade Area 2015 Population (Includes the following counties): Crow Wing County 64,354 Cass County 29,107 Total Trade Area Population 93, Population: Breezy Point 2,458 Pequot Lakes 7,560 Brainerd 30,237 Baxter 7,894 Estimated Summer Population: Brainerd/Baxter 200,000+ Projected Population Growth Change Crow Wing County 0.53% Breezy Point 0.78% Pequot Lakes 0.71% Households in 2015: Crow Wing County 27,048 Breezy Point 947 Pequot Lakes 3, Median Household Income: Crow Wing County $49,559 Breezy Point $60,397 Pequot Lakes $52,485 Major Employers (with more than 150 employees): # of Employees Brainerd Public Schools #181 Brainerd 950 St. Joseph s Medical Center Brainerd 908 Brainerd Regional Human Service Ctr Brainerd 677 Grand View Lodge Nisswa 600 Maddens, Inc. Brainerd 500 Crow Wing County Brainerd 450 Ascensus Brainerd 404 Cuyuna Regional Medical Center Crosby 390 Cragun s Resort Brainerd 350 Bethany Good Samaritan Village Brainerd 325 Central Lakes Community College Brainerd 313 Super Wal-Mart Baxter 300 Brainerd Medical Center Brainerd 285 Crosby Public Schools-ISD Crosby 255 Ruttger s Bay Lake Lodge Deerwood 250 U.S. Link Pequot Lakes 246 Trus Joist Mac Millan Brainerd 220 Breezy Point Resort Breezy Point 205 Pequot Lakes Public Schools Pequot Lakes 200 Riverwood International USA Crosby 190 Nor-son, Inc. Baxter 177 MN Dept of Transportation Baxter 175 Anderson Brothers Construction Brainerd 160 Keystone Automotive Industries Brainerd 157 Continued on next page. 19
20 { Demographics } Area Businesses: (To see a list of additional businesses, please go to Financial Institutions: 15+ (multiple locations not counted) Churches: 30+ Schools: 15+ Golf Courses: 27+ Resorts: Bay Colony Inn Breezy Point Resort Craguns Fritz s Resort Grand View Lodge Gull Lake Resort Izaty s Kavanaugh s Lost Lake Lodge Maddens Quarterdeck Ruttger s Bay Lake Lodge Sullivans Plus numerous others Major Retailers: Anytime Fitness Baxter Village (6 Retailers) Best Buy Big Lots Book World Brother s Motorsports Christmas Point Costco Crosslake Town Square (12 Retailers) Cub Foods (2) Discount Tire Dunham s Sports East Brainerd Mall (17 Retailers) Fleet Farm Gander Mountain Herberger s Home Depot JC Penney s Kohl s Major Retailers Continued: Menards Northwoods Plaza (6 Retailers) Office Max Sears Super One Super Wal-Mart Target The Power Lodge Walgreens Westgate Mall (27 Retailers) Restaurants/Fast Food: 371 Diner Antler s Applebee s Arby s Bar Harbor Billy s Black Bear Lodge & Saloon Bonanza Boomer Pizza Boulder Tap House Breezy Point Marina Brick House Pizza Buffalo Wild Wings Burger King Caribou Coffee (2) Cherry Berry China Buffet China Garden Cold Stone Creamery Country Kitchen Cowboy s Cragun s Legacy Grill Cru Culver s Dairy Queen (3) Domino s Pizza El Tequila Erbert & Gerberts Ernie s Four Seas Giovanni s Pizza Grizzly s Grill & Saloon Restaurants/Fast Food Continued Half Moon Saloon Hardee s Hunt N Shack Iven s on the Bay Jack s House Jake s Jimmy John s KFC (2) Madden s Classic Grill Manhattan Beach Maucieri s McDonalds (3) Moonlite Bay Northwinds Grille Olive Garden Papa John s Pizza Papa Murphy s Pizza Perkins Pestello s Pine Peaks Pizza Hut Pizza Ranch Poncho & Lefty s Prairie Bay Prime Time Quarterdeck Rafferty s Pizza (3) Riverside Inn Ruttger s Sawmill Inn Sherwood Forest Starbucks Subway (3) Sunshine/Moonshine Taco Bell Taco John s The Barn The Chap The Commander The Lodge Grill The Pines at Grandview Timberjack TJ s Log Cabin Wendy s (2) Ye Ole Wharf Zorbaz (2) 20
21 { Thank You } Thank you for considering this Close - Converse opportunity Close - Converse is pleased to present this real estate opportunity for your review. It is our intention to provide you with the breadth of information and data that will allow you to make an informed decision. We are here to help Please review this package and contact us with any questions you may have. We are prepared to discuss how this property meets your needs and desires. Facts, figures and background information will aid in your decision. Should you need specialized counsel in the areas of taxation, law, finance, or other areas of professional expertise, we will be happy to work with your advisor or, we can recommend competent professionals. How to acquire this opportunity When you have made a decision to move forward, we can help structure a proposal that covers all the complexities of a commercial real estate transaction. As seller s/landlord s representatives, we know the seller s/landlord s specific needs and can tailor a proposal that expresses your desires, provides appropriate contingencies for due diligence and results in a win-win transaction for all parties. Agency and you Generally, we are retained by sellers or landlords to represent them in the packaging and marketing of their commercial, investment or development real estate. You are encouraged to review the Minnesota disclosure form Agency Relationships in Real Estate Transactions which is enclosed at the end of this package. If you have questions about agency and how it relates to your search for the right property, please ask us. We will answer all your questions and review the alternatives. Should you wish to pursue this opportunity, please acknowledge your review of Agency Relationships by signing, dating and returning it to us. 21
22 { Agency Disclosure } 22
23 { Contact } Address: 521 Charles Street PO Box 327 Brainerd, MN Telephone: Fax: Website: You may also contact the following members of the Close~Converse team by cell phone or . Chris Close, CCIM Tim Miller Nate Grotzke, CCIM Kevin Close Rod Osterloh Jody Osterloh cell chris@closeconverse.com cell tim@closeconverse.com cell nate@closeconverse.com cell kevin@closeconverse.com cell osterloh@closeconverse.com cell jody@closeconverse.com 23
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