145 Franklin ST, Wells, MN 56097 - MLS#6491363

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$100,000

Est. payment - /mo

0.26 Acres Lot

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UPDATED:

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

Acres 0.2

Lot Dimensions 69x132

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

Direction Close to the Railroad Depot historical museum in Wells, MN- park in back or on the street

Rooms

Basement Concrete Block, Full

Interior

Heating Forced Air

Exterior

Parking Features Gravel Lot

Utilities Available None Available

Roof Type Rubber

Accessibility Accessible Elevator Installed, Doors 36\"+, Hallways 42\"+

Building

Water City Water/Connected

Structure Type Block,Brick

Others

Senior Community No

Tax ID 302000060

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Listed by LandProz Real Estate, LLC

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