For Sale: Wells MLS# 6491363
Active
$110,000
Commercial: Business Opportunity
Built 1949
0.2 acres
United South Central schools
MLS# 6491363
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Property Description
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
Listing Status:
Active
Contingency:
None
List Price:
$110,000
Property Type:
Commercial
City:
Wells
Garage Spaces:
0
County:
Faribault
Year Built:
1949
State:
MN
Property Style:
Business Opportunity
Zip Code:
56097
Subdivision Name:
Village/Wells
Interior
Ceiling Height:
8-10
Ranges:
One
Refrigerators:
Three
Appliances Included:
Exhaust Fan
Basement Details:
- Block
- Full
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Other Parking Spaces:
30
Air Conditioning:
Central Air
Foundation Size:
5,146 ft2
Foundation Dimensions:
70X112
Handicap Accessible:
Doors 36"+, Accessible Elevator Installed, Hallways 42"+
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Gravel
- On-Street Parking Only
Unit Amenities:
Ceiling Fan(s)
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
Brick/Stone
Roof Details:
Rubber
Lot & Land
Acres:
0.2
Geolocation:
43.7454309937, -93.7274919794
Inclusions:
Building, Fixture/Equipment, Other
Lot Dimensions:
69 x 132
Zoning:
- Business/Commercial
- Other
Farm
Topography:
Level
Schools
School District:
2134
District Phone:
507-553-3134
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$1,258
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,258
Units
Total Units:
1
Miscellaneous
Current Use:
- Bar/Tavern
- Event Space
- Restaurant
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer - In Street
Available Utilities:
None
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of LandProz Real Estate, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.