Sold: Coleraine MLS# 7011950
Sold
$399,000 (list price)
$399,000
Commercial: 1 Story
Built 2008
0.335 acres
Greenway schools
MLS# 7011950
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Property Description
Welcome to this rare turn-key opportunity to own a well-established commercial bar and restaurant in Northern Minnesota, located near snowmobile trails and highway 169. This standalone building offers a profitable business, loyal local clientele, and plenty of space suited for daily operations and events. Known as a community gathering spot, the property provides immediate income potential with long-term upside for owner-operators or investors.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$399,000
Sold Price:
$399,000
Sold Date:
05/27/2026
Property Type:
Commercial
City:
Coleraine
Garage Spaces:
0
County:
Itasca
Year Built:
2008
State:
MN
Property Style:
1 Story
Zip Code:
55722
Subdivision Name:
Coleraine
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
3,161 ft2
Handicap Accessible:
Fully Wheelchair, No Stairs External, No Stairs Internal
Heating System:
- Boiler
- Forced Air
- In-Floor Heating
Parking Features:
On-Street Parking Only
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.335
Geolocation:
47.288982, -93.426512
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Liquor License
Lot Dimensions:
124 x 118
Addl Parcels:
884200830, 884100890, 884100860, 884100850
Zoning:
Business/Commercial
Schools
School District:
316
District Phone:
2182477306
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,770
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,770
Units
Total Units:
1
Miscellaneous
Current Use:
- Bar/Tavern
- Event Space
- Food Service
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Acer Real Estate Group.
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.