7540 5th St - Bar FOR SALE


New Auburn, MN 55366
$270,000 USD
612-590-2691
7540 5th St, New Auburn, MN for Sale
$270,000 USD
Bar - FOR SALE
1/46
null | Request Cap Rate

7540 5th St
New Auburn, MN 55366


HIGHLIGHTS

  • New roof (Ballroom): 2025; New roof (Main Bar): 2023
  • Furnaces: 3 total (newest 2025, another 2017); Air conditioners: 3 total (one new in 2025)
  • Water softener: 2018
  • Exterior sump pump installed
  • Security system (alarm + cameras) included
  • Additional bar equipment recently added

OVERVIEW

Step into ownership of Backwoods Bar, a well-known, family-run establishment with strong community ties in the heart of New Auburn, MN. This two-story property features three bar areas, including a spacious ballroom well-suited for events, bingo, and raffles, along with a bar on the lower level and a full-service restaurant on the upper level that is currently not in operation. The bar is currently running with a streamlined, profitable menu, with the potential to expand the upper level into a full-service restaurant to meet strong local demand. The upper level features a full commercial kitchen equipped with a 14-foot hood, along with a dedicated dining area. Additional highlights include a spacious parking lot, a storage shed, and a grandfathered fenced patio complete with a small portable outdoor bar. Included Assets & Leases: - TVs & some personal property located in the building will transfer with the sale - POS system: Service provider is Clover (2 years remaining; buyer to assume lease) - Entertainment: Pool Table, TouchTunes, and Arcade Game (Leased entertainment equipment; new lease to be discussed with the service provider). - Security System: Security system equipment transfers with sale with option for new service contract

FOR SALE DETAILS

PRICE

$270,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

-

APN/PARCEL ID

36.0094.000

ASK ABOUT THIS PROPERTY

Suzanne MayereXp CommercialMore Info
612-590-2691

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Suzanne MayereXp CommercialMore Info
612-590-2691

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