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100% leased bar/apartment building for sale
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| Status: |
Available |
| Listing ID#: |
250000 |
| Listing Type: |
For Sale - Real Estate Only |
| Property Type: |
Other |
| Location: |
West/Central MN 56401 Minnesota |
| Asking Price: |
USD 250,000 |
| Down Payment: |
100000 |
| Real Estate: |
included |
| Seller Financing Available: |
Yes |
| Financing: |
$75K down |
| Reason Selling: |
Divest of property |
| Year Established: |
1930 |
| Facilities: |
3,750 sq ft main fl |
| Market Outlook: |
On corner lot |
| Growth & Expansion: |
free standing bldg |
| Employees: |
n/a |
| Submission Date: |
11-09-2011 |
| Last Update: |
03-12-2012 |
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| Agent Details: |
Dan McGuire |
| Company Name: |
HSC Brokers |
| Phone Number: |
763-972-9077 |
| Fax: |
763-972-9080 |
| Mobile Phone: |
763-234-8298 |
| Price just reduced $100K for quick sale. 100% leased bar and apartment building. The building has a downstairs storage facility, bar on the main level ($1,350 rental income), and 3 apartments above ($1,400 rental income). The liquor license stays with the building in the city of Brainerd. The liquor license is grandfathered in with no liquor/food requirements. A new liquor license requires 51% food and 49% liquor. Net Taxes $2,504.58 |
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