8548 SKI CHALET DR, BREEZY POINT, MN

RESTAURANT & BAR

COMMERCIAL REAL ESTATE | BUSINESS BROKERAGE | LAND & BUILDING DEVELOPMENT

INVESTMENT & INCOME PROPERTIES | TAX DEFERRAL STRATEGIES

{ Table of Contents }

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8548 SKI CHALET DR, BREEZY POINT

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com

3 - 5 Features6 - 8 Floor Plans9 - 12 Photos13, 14 Aerial Photos15 Section Map16 Zoning Map17 Traffic Counts18 Location Map19, 20 Demographics21 Thank You22 Agency Disclosure23 Contact

Page

{ Features }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

Restaurant / Bar,Tubing Hill,Living Quarters& Storage.Primetime Food & Spiritsis a one-of-a-kind facilitylocated on 16+ acres inBreezy Point. The propertyincludes a large tubing hillw/tow ropes, tubes, twosnow machines, snowgroomer, and tubing storageshed. A large storage garagehas both a heated shop and cold storage with an overhead door. The restaurant is a two level buildingwith ample dining on the main level, along with a bar, dance floor, band stage, gaming area andkitchen. The lower level is also equipped with a bar, dining area and gaming area, along with an officeand living quarters. This nostalgic lakes area supper club has been feeding and entertaining the massesfor decades with live bands, delicious food and recreational tubing.

Location: 8548 Ski Chalet Drive, Breezy Point, MN 56472

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 theright (north)

Lot Size: 16.4 Acres (714,544 sq. ft.)

Restaurant Size: 10,368 sq. ft. TotalMain Level: 5,184 sq. ft. (Bar & Restaurant)Lower Level: 5,184 sq. ft. (Bar/Dining & Living Quarters)

Storage Garage: 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)

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8548 SKI CHALET DR, BREEZY POINT

{ Features }

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8548 SKI CHALET DR, BREEZY POINT

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

2016 Taxes: $10,708 (Including $45 in Assessments)

Sewer: Large Capacity Septic (1995)

Water: Well

Heating/Cooling: Natural Gas Forced Air

Electric: 3-Phase

Lighting: Light Fixtures & Fluorescent

Year Built: 1961Additions: 1985 & 2000

Construction Type: Restaurant: LogStorage Garage: Post Frame

Foundation: Restaurant: Concrete Block & Poured Concrete SlabStorage Garage: Poured Concrete in Heated Shop & Dirt in Cold Storage

Exterior: Restaurant: Log Storage Garage: Steel

Roof: Restaurant: Asphalt ShinglesStorage Garage: Steel

Overhead Doors: 1(20’W x 14’H) on Storage Garage

Ceiling Height: Restaurant: 15’ Vaulted on Main Level & 8’ on Lower LevelStorage Garage: 9’ in Heated Shop & 16’ in Cold Storage

Bathrooms: Main Level: 2 PublicLower Level: 2 Public, 1 Private

Floor Drains: Yes (in Kitchen)

Sprinkled: No

Restaurant Seating Capacity: 350-400 (Includes both levels)

Continued on next page.

{ Features }

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8548 SKI CHALET DR, BREEZY POINT

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

Security: Yes (16-Camera System)

High Speed Internet: Yes

Parking: Approx. 150 Paved Parking Stalls

Frontage: Along Ski Chalet Drive

Signage: There is a pylon sign for the restaurant along CR 11

Zoning: C - CommercialIt 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 9-6-2005; Ord. 09-02-06, passed 9-5-2006)

Legal Description: Part of Sections 8, 9, 16, & 17, Township 136, Range 28, Crow Wing, MN (See Agent for Full Legal)

PID#: 100084400B00009, 100093300C00009, 100162200A00009 & 100171100A00889

Neighboring Businesses: Located just north of Breezy Point Resort & Golf Course - nearby businessesinclude 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.

{ Floor Plan } Main Level - Bar/Restaurant

www.closeconverse.com© 2011 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

{ Floor Plan } Bar/Restaurant & Living Quarters

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

Lower Level -

{ Floor Plan } Storage Garage & Tubing Shed

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

{ Photos }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

Restaurant & Parking Main Level - Entrance

Main Level - Entrance Main Level - Bar & Dining

Main Level - Bar & Dining Main Level - Front Dining Area

{ Photos }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

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

{ Photos }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

Living Quarters - Office Living Quarters - Bedroom

Volley Ball Court Storage Garage

Storage Garage - Heated Shop Storage Garage - Cold Storage

{ Photos }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

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

{ Aerial Photo }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

{ Aerial Photo }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

CommanderBar

Antlers

WhitebirchGolf Course

The Oasis

PelicanSquare

PoliceStation

N

Restaurant/Bar& Tubing Hill

Billy’s

16.4 Acres

PELICANLAKE

Deacon’s LodgeGolf Course

Breezy Point Resort& Golf Course

{ Section Map }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

{ Zoning Map } City of Breezy Point

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

C - Commercial

{ Traffic Counts } 2007 Counts from MNDOT

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

Breezy Point Traffic Counts: 3,450 on CR 4 and 4,550 - 4,850 on CR 11

{ Location Map }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

North

South

{ Demographics } Figures from STDB, CCIM

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

Trade Area 2015 Population (Includes the following counties): Crow Wing County 64,354Cass County 29,107Total Trade Area Population 93,461

2015 Population: Breezy Point 2,458Pequot Lakes 7,560Brainerd 30,237Baxter 7,894

Estimated Summer Population: Brainerd/Baxter 200,000+

Projected Population Growth Change 2015-2020Crow Wing County 0.53% Breezy Point 0.78%Pequot Lakes 0.71%

Households in 2015: Crow Wing County 27,048Breezy Point 947Pequot Lakes 3,133

2015 Median Household Income: Crow Wing County $49,559Breezy Point $60,397Pequot 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 600Maddens, 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 325Central Lakes Community College Brainerd 313Super Wal-Mart Baxter 300Brainerd Medical Center Brainerd 285Crosby Public Schools-ISD Crosby 255Ruttger’s Bay Lake Lodge Deerwood 250U.S. Link Pequot Lakes 246Trus Joist Mac Millan Brainerd 220 Breezy Point Resort Breezy Point 205 Pequot Lakes Public Schools Pequot Lakes 200 Riverwood International USA Crosby 190Nor-son, Inc. Baxter 177MN Dept of Transportation Baxter 175Anderson Brothers Construction Brainerd 160Keystone Automotive Industries Brainerd 157

Continued on next page.

{ Demographics }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

Area Businesses: (To see a list of additional businesses, please go to www.explorebrainerdlakes.com)

Financial Institutions: 15+ (multiple locations not counted)

Churches: 30+

Schools: 15+

Golf Courses: 27+

Resorts:Bay Colony InnBreezy Point ResortCragunsFritz’s ResortGrand View LodgeGull Lake ResortIzaty’sKavanaugh’sLost Lake LodgeMaddensQuarterdeckRuttger’s Bay Lake LodgeSullivansPlus numerous others

Major Retailers:Anytime FitnessBaxter Village(6 Retailers)Best BuyBig LotsBook WorldBrother’s MotorsportsChristmas PointCostcoCrosslake Town Square (12 Retailers)Cub Foods (2)Discount TireDunham’s SportsEast Brainerd Mall (17 Retailers)Fleet FarmGander MountainHerberger’sHome DepotJC Penney’sKohl’s

Major Retailers Continued:MenardsNorthwoods Plaza (6 Retailers)Office MaxSearsSuper OneSuper Wal-MartTargetThe Power LodgeWalgreensWestgate Mall(27 Retailers)

Restaurants/Fast Food:371 DinerAntler’sApplebee’sArby’sBar HarborBilly’sBlack Bear Lodge & SaloonBonanzaBoomer PizzaBoulder Tap HouseBreezy Point MarinaBrick House PizzaBuffalo Wild WingsBurger KingCaribou Coffee (2)Cherry BerryChina BuffetChina GardenCold Stone CreameryCountry KitchenCowboy’sCragun’s Legacy GrillCruCulver’sDairy Queen (3)Domino’s PizzaEl TequilaErbert & GerbertsErnie’sFour SeasGiovanni’s PizzaGrizzly’s Grill & Saloon

Restaurants/Fast Food ContinuedHalf Moon SaloonHardee’sHunt ‘N ShackIven’s on the BayJack’s HouseJake’sJimmy John’sKFC (2)Madden’s Classic GrillManhattan BeachMaucieri’sMcDonalds (3)Moonlite BayNorthwinds GrilleOlive GardenPapa John’s PizzaPapa Murphy’s PizzaPerkinsPestello’sPine PeaksPizza HutPizza RanchPoncho & Lefty’sPrairie BayPrime TimeQuarterdeckRafferty’s Pizza (3)Riverside InnRuttger’sSawmill InnSherwood ForestStarbucksSubway (3)Sunshine/MoonshineTaco BellTaco John’sThe BarnThe ChapThe CommanderThe Lodge GrillThe Pines at GrandviewTimberjackTJ’s Log CabinWendy’s (2)Ye Ole WharfZorbaz (2)

{ Thank You }

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8548 SKI CHALET DR, BREEZY POINT

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties. www.closeconverse.com

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 toprovide 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 discusshow this property meets your needs and desires. Facts, figures and background information will aid inyour decision. Should you need specialized counsel in the areas of taxation, law, finance, or other areasof professional expertise, we will be happy to work with your advisor or, we can recommend competentprofessionals.

How to acquire this opportunity

When you have made a decision to move forward, we can help structure a proposal that covers all thecomplexities of a commercial real estate transaction. As seller’s/landlord’s representatives, we know theseller’s/landlord’s specific needs and can tailor a proposal that expresses your desires, provides appropri-ate 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 oftheir commercial, investment or development real estate. You are encouraged to review the Minnesotadisclosure form “Agency Relationships in Real Estate Transactions” which is enclosed at the end of thispackage. 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.

{ Agency Disclosure }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

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8548 SKI CHALET DR, BREEZY POINT

{ Contact }

www.closeconverse.com© 2016 Close~Converse: The above information has been obtained from the property owner or other sources that we deem reliable, however, neitherthe owner nor Close~Converse Commercial & Preferred Properties, guarantees the accuracy of such information. No part of this information may bereproduced, adapted, or transmitted without the prior written consent of Close~Converse Commercial & Preferred Properties.

521 CHARLES STREET | PO BOX 327 | BRAINERD, MN 56401 | 218-828-3334

Address: 521 Charles StreetPO Box 327Brainerd, MN 56401

Telephone: 218-828-3334

Fax: 218-828-4330

Website: www.closeconverse.com

You may also contact the following members of the Close~Converse team by cell phone or email.

Chris Close, CCIM 218-831-7510 cellchris@closeconverse.com

Tim Miller 218-838-8772 celltim@closeconverse.com

Nate Grotzke, CCIM 218-838-1000 cellnate@closeconverse.com

Kevin Close 218-831-3077 cellkevin@closeconverse.com

Rod Osterloh 218-831-1301 cellosterloh@closeconverse.com

Jody Osterloh 218-831-0712 cell jody@closeconverse.com

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8548 SKI CHALET DR, BREEZY POINT