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Active
Listed
$509,000
/mo   Edit
MLS# 5324450
Commercial
Built 1952
0.673 acres
East Central schools
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    Description:   Highly profitable, owner-operated bar and off-sale liquor store located in Sandstone, Minnesota. This is the only year-round off-sale liquor store in the city making for a great business opportunity. Sandstone has a number of large employers including the federal government and the newly built hospital. The business could benefit from a higher presence online but this neighborhood bar and liquor store is already a cash cow. Roof is new in 2019, Heating and AC units are all less than 8 years old. This is a turn-key business opportunity for someone willing to work hard at a fun business in a great community. List price includes real estate, business, fixtures. Inventory to be sold at wholesale cost to buyer. Financials available with signed NDA. Confidential sale - do not approach customers or staff.
    List Price: $509,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1952
    City: Sandstone
    County: Pine
    State: MN
    Zip Code: 55072

    Interior

    Building Fin Sq Ft: 4,225 ft²
    Basement Details: Partial

    Exterior

    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 4,225 ft²
    Road Frontage: State
    Handicap Accessible: None
    Exterior Material: Vinyl, Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 30
    Roof Details: Asphalt Shingles

    Lot

    Acres: 0.673
    Latitude: 46.13598600
    Longitude: -92.86558200
    Lot Size Dim.: IRR
    Dev/Complex Name: Supp To Sandstone Quarries
    Zoning: Business/Commercial

    Schools

    School District: 2580 - East Central
    District Phone: 320-245-2289

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $4,951
    Assessment Pending: Yes
    Taxes w/ Assessments: $4,972

    Unit

    Total Units: 1

    Miscellaneous

    Current Use: Tavern/Lounge, Retail
    Fuel System: Natural Gas
    Sale Includes: Business, Building, Land, Fixture/Equipment
    Sewer System: City Sewer/Connected
    Utilities: Heating Common, Hot Water Common
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Jason
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    CrossCountry
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    Larson
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    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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    Listing provided by RMLS, courtesy of Ferndale Realty