145 Franklin ST Active Save Request In-Person Tour Request Virtual Tour
Wells,MN 56097
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Village/Wells
MLS Listing ID 6491363
Year Built 1949
Annual Tax Amount $1,258
Lot Size 0.260 Acres
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!
Location
State MN
County Faribault
Community Village/Wells
Interior
Heating Forced Air
Exterior
Parking Features Gravel Lot
Utilities Available None Available
Roof Type Rubber
Building
Water City Water/Connected
Structure Type Block,Brick