145 W Franklin Street Wells, MN 56097

$150,000
Active
Business  |  MLS # 6491363
Active
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  • New flooring in basement kitchen
    New flooring in basement kitchen
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About The Listing

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!


Listing courtesy of Jen Busch, LandProz Real Estate, LLC
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1949
MLS #: 6491363
Garage Spaces: 0
Parking Description: Gravel, On-Street Parking Only
Sewer Description: City Sewer - In Street
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: Block, Full
Construction Description: Brick/Stone
Roof Description: Rubber
Days On Market (Continuous): 72
Disability Features: Doors 36"+, Accessible Elevator Installed, Hallways 42"+
Latest Update: 05/02/2024
List Date: 02/21/2024
Listing Agent ID: 503513727
Listing Office: LandProz Real Estate, LLC
Listing Office ID: 27846
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Exhaust Fan
Lot Dimensions: 69x132
Lot Size: 0.2 Acres
School District: United South Central
Tax Year: 2023
Estimated Taxes: $1,258
Contingency Type: None
City: Wells
Zip: 56097
County: Faribault
Subdivision: Village/Wells
State: MN
Listing last updated: 05/02/24

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