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Active
$225,000
/mo Edit
Commercial:  1 Story
Built 1950
0.08 acres
Staples-Motley schools
MLS# 6688063
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    Property Description

    Exciting Turn-Key Bar Opportunity! This well-established location features a main bar area upstairs, a bonus lower level event room, equipped with a additional bar, offering plenty of space for gatherings. Extra storage is available next door, providing added convenience. The property comes fully equipped with newer furniture, equipment, and amenities, making it ready for immediate operation. Take advantage of this prime location and hit the ground running with a turn-key business opportunity!

    Listing

    Contingency: None
    City: Staples
    County: Todd
    State: MN
    Property Style: 1 Story
    Zip Code: 56479
    Subdivision Name: Staples Mill

    Interior

    Ceiling Height: 8-10
    Ranges: One
    Refrigerators: Two
    Appliances Included:
    • Dishwasher
    • Electric Water Heater
    • Freezer
    • Microwave
    • Range
    • Refrigerator
    Basement Details:
    • Block
    • Full
    • Partially Finished

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 10
    Air Conditioning: Central Air
    Foundation Size: 3,750 ft2
    Foundation Dimensions: 50x75
    Handicap Accessible: Partially Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber
    • Tar/Gravel

    Lot & Land

    Acres: 0.08
    Geolocation: 46.3547854682, -94.7946912634
    Inclusions: Building, Business Assets, Fixture/Equipment, Inventory
    Lot Dimensions: 50 x 75
    Addl Parcels: 380018200
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Zero Lot Line

    Farm

    Topography: Level

    Schools

    School District: 2170
    District Phone: 218-894-2430

    Expenses

    Annual Caretaker Expense: $20,789
    Annual Electric Expense: $7,977
    Annual Fuel Expense: $878
    Annual Insurance Expense: $12,963
    Annual Maintenance Expense: $2,889
    Annual Gross Expense: $139,746
    Annual Trash Expense: $1,818

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,641
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,676

    Income

    Annual Gross Income: $148,604

    Rent

    Annual Net Income: $8,858

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Commercial
    • Food Service
    • Warehouse
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.