104-112 Main St - Retail FOR SALE


Wanamingo, MN 55983
$389,000 USD
612-269-1902
104-112 Main St, Wanamingo, MN for Sale
$389,000 USD
Retail - FOR SALE
1/50
null | Request Cap Rate

104-112 Main St
Wanamingo, MN 55983


HIGHLIGHTS

  • Successful local restaurant with full commercial kitchen
  • Multiple value-add buildings
  • Tons of investment upside for a skilled operator
  • Outdoor patio connected to sand volleyball courts that enhance customer traffic and seasonal appeal
  • Upper-level residential apartment offering stable tenancy

OVERVIEW

You now have an exceptional opportunity to acquire JB's Tavern, a well-established and highly regarded restaurant and bar that serves as a local staple in the heart of Wanamingo. This turnkey offering combines a profitable, operating business along with value-add real estate.  A purchase gets you all JB's Tavern business assets, FF&E, inventory, and goodwill, and real estate.  It also includes a second retail building currently leased to a thrift shop tenant at below market rent, providing immediate rental income and diversification.  The third building is configured for up to four residential units, offering significant value-add potential. One unit is currently occupied by a long-term tenant, providing partial income while leaving room for renovation, repositioning, or future expansion.  This listing is perfect for an investor, entrepreneur, or hospitality operator looking to own a landmark business while benefiting from real estate appreciation and diversified cash flow.  Opportunities like this rarely come available in strong small-town markets.  Schedule your showing today!

FOR SALE DETAILS

PRICE

$389,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

JB's Tavern

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

Commercial

APN/PARCEL ID

70.100.0230

ASK ABOUT THIS PROPERTY

Christian PetersonSotheby’s International RealtyMore Info
612-269-1902

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Christian PetersonSotheby’s International RealtyMore Info
612-269-1902

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.