#2634 American Legion - Wells, MN

New Listing
Type:
New Listing
Acres:
0.20 ±
County:
Faribault County
State:
MN
Price:
$150,000

0.20 Acres
Faribault County, MN
Price: $150,000
x

 

 

PROPERTY DESCRIPTION

Welcome to this well-maintained and high-quality commercial building in downtown Wells, MN, just a stone's throw away from the historic Depot Museum. Formerly operated as the American Legion, this property offers a fantastic opportunity for ownership and operation as a tavern, restaurant, or versatile meeting and event center. The sale includes most owned equipment, making it a turnkey investment. Spanning over 11,000 square feet, this property boasts an impressive finished space, including a basement area perfect for meetings and events, complete with a commercial kitchen. Recent upgrades such as a main floor kitchenette with exhaust system, HVAC, circuit breaker boxes, ELEVATOR, flooring, and ceiling tiles enhance the overall appeal of the building. With utilities averaging around $4,300 per year, this property presents a lucrative investment opportunity. Liquor and gamble license today could be negotiated. Don't Miss out today!

Please contact LandProz Associate Broker & Agent Realtor® Jen Busch at 507-923-7657 for more information or to set up a showing.

 

PROPERTY FEATURES

• Address: 145 W Franklin Street, Wells MN 56097

• 11,346 Total Sq. Ft.

• Commercial kitchen

• New Kitchenette on main level

• All equipment included in sale

• All new HVAC [within the last 6 years]

• Bar area

• Event spaces

• Elevator [installed in last 10 years]

• Pool table, Jukebox, ATM & Dart boards are all rented

• Lot & street parking

• History of dart teams, beanbags, meat raffles, band nights

• Real Estate Taxes $1,258, with tax preferential treatment

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LandProz Real Estate, LLC | LandProz of Indiana, LLC

111 East Clark Street, Albert Lea, MN 56007 • 507-373-5660

Broker Brian Haugen – MN, SD, IA, WI, IL, KS, MO • Broker Auctioneer Greg Jensen – MN, IA – 24-21

Broker Tim Young – OH • Broker Andrew Fansler – IN

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