12 Alder, Babbitt, 55706

REDUCED 6% Commercial - Business Opportunity For Sale

$399,000

Beds
Baths
7,694Sqft
1954Built
386DOM
MLS® #: 4974060
Active, 386 Days on Market

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

Essential Information

MLS® #: 4974060
Price: $399,000
Square Footage: 7,694
Acres: 0.00
Year Built: 1954
Type: Commercial
Sub-Type: Business Opportunity
Style: Business Opportunity
Status: Active

Community Information

Address: 12 Alder
City: Babbitt
County: St. Louis
State: MN
Zip Code: 55706

Amenities

Garages: Other

Interior

Heating: Forced Air

Exterior

Exterior: Brick/Stone
Foundation: 1000

School Information

District: 2142 - St. Louis County

Additional Information

Date Listed: June 28th, 2018
Days on Market: 386
Zoning: Business/Commercial
Current Use: Restaurant, Tavern/Lounge

Listing Details

Listing Office: Z'Up North Realty, Inc.

Financials

$/SqFt: $52

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on July 19th, 2019 at 11:35am CDT.