$399,000

12 Alder

Babbitt MN, 55706

Description

WOW! Tremendous Business Opportunity awaits! This long established Bar, Restaurant and Bowling alley is now available! The 7,500+ sq ft building hosts a full service bar, with bar and table top seating, two outdoor patio areas (22x64 and 25x25), horseshoe pit, Full Service Restaurant serving Breakfast, Lunch, and Dinner, and a large area that can easily be made into private banquet rental space, potential to seat 200 people. Banquet are for private and public functions, pool and dart leagues, Off Sale beer and liquor sales. Area that can be developed to fit your needs, either expand the restaurant, or offer another venue for private parties, this great space offers, an office, men's and women's bathrooms, and space for 200. Current Banquet area is roughly 50 x 45 and seats upto 50 people for entertainment, fundraisers, and private banquet functions. Building features a new metal roof; Central Air and furnace only a few years old, large parking lot, Sec. System, Digital Dining s

Details

MLS#4974060
Sub-TypeResale
StatusActive
Year1954
Days On Site526

Features

SQ Feet7,694
Story(s)1
Units3
ZoningBusiness/Commercial

Market Activity 55706

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Area Information

StateMN
CountySt. Louis
CityBabbitt
Zip Code55706
AreaBabbitt (MN)
Listing VS Median (in 55706)
Price:
$399,000
low | high
Med:
$65,000
100% of Average
SqFt:
7,694
low | high
Med:
2,364
100% of Average
$ / SqFt:
$52
low | high
Med:
$29
94.003137419427% of Average
On Site:
526
low | high
Med:
84
100% of Average
Listing Updated: 12/05/2019
MLS Number: 4974060
Listing Provided By:
Andrea Zupancich  of  ZUp North Realty Inc.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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