145 W Franklin St - Retail FOR SALE


Wells, MN 56097
$100,000 USD
507-923-7657
145 W Franklin St, Wells, MN for Sale
$100,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

NEW


145 W Franklin St
Wells, MN 56097


HIGHLIGHTS

  • All new HVAC [within the last 6 years]
  • Elevator [installed in last 10 years]
  • Commercial kitchen
  • All equipment included in sale
  • 11,346 Total Sq. Ft. including land

OVERVIEW

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! Please contact LandProz Associate Broker & Agent Realtor® Jen Busch at 507-923-7657 for more information or to set up a showing.

FOR SALE DETAILS

PRICE

$100,000 USD

PRICE/SF

$22 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

233

APN/PARCEL ID

30.200.0060

ASK ABOUT THIS PROPERTY

Jennifer BuschLandProz Real EstateMore Info
507-923-7657

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Jennifer BuschLandProz Real EstateMore Info
507-923-7657

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