Confidential Listing. Turnkey bar, restaurant, & building available FOR SALE. Price includes all FF&E. Price includes new ADA restrooms, & other work, being done for $120,000 now. 2018 gross revenues of $1,154,717 w/ an NOI of approximately $208,947 (expenses including $83,326 in voluntary accounting & security personnel costs). Expected NOI of approximately $242,000 in 2019. $50,000 in recent upgrades. New coolers/freezers, new stoves, newer chairs & tables, new security/camera system & metal detector. Full kitchen. Currently only liquor license north of Broadway Ave N in the City of Minneapolis. Located within walking distance to the 48 acre Upper Terminal Harbor redevelopment project on the Mississippi River. Great potential to increase food sales at this location. Outside patio. 953 sf apartment unit upstairs w/ separate entrance not currently being rented out, that with some renovation, can be rented out.
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.
Information deemed reliable but not guaranteed.
Copyright 2019 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
Listing information last updated on November 18th, 2019 at 10:35am CST.