PROPERTY DESCRIPTION
Welcome to this well-maintained and high-quality commercial building in downtown Wells, MN, just a stone's throw away from the historic Depot Museum. Formerly operated as the American Legion, this property offers a fantastic opportunity for ownership and operation as a tavern, restaurant, or versatile meeting and event center. The sale includes most owned equipment, making it a turnkey investment. Spanning over 11,000 square feet, this property boasts an impressive finished space, including a basement area perfect for meetings and events, complete with a commercial kitchen. Recent upgrades such as a main floor kitchenette with exhaust system, HVAC, circuit breaker boxes, ELEVATOR, flooring, and ceiling tiles enhance the overall appeal of the building. With utilities averaging around $4,300 per year, this property presents a lucrative investment opportunity. Liquor an...
Welcome to this well-maintained and high-quality commercial building in downtown Wells, MN, just a stone's throw away from the historic Depot Museum. Formerly operated as the American Legion, this property offers a fantastic opportunity for ownership and operation as a tavern, restaurant, or versatile meeting and event center. The sale includes most owned equipment, making it a turnkey investment. Spanning over 11,000 square feet, this property boasts an impressive finished space, including a basement area perfect for meetings and events, complete with a commercial kitchen. Recent upgrades such as a main floor kitchenette with exhaust system, HVAC, circuit breaker boxes, ELEVATOR, flooring, and ceiling tiles enhance the overall appeal of the building. With utilities averaging around $4,300 per year, this property presents a lucrative investment opportunity. Liquor and gamble license today could be negotiated. Don't Miss out today!
Please contact LandProz Associate Broker & Agent Realtor Jen Busch at 507-923-7657 for more information or to set up a showing.
PROPERTY FEATURES
Address: 145 W Franklin Street, Wells MN 56097
11,346 Total Sq. Ft.
Commercial kitchen
New Kitchenette on main level
All equipment included in sale
All new HVAC [within the last 6 years]
Bar area
Event spaces
Elevator [installed in last 10 years]
Pool table, Jukebox, ATM & Dart boards are all rented
Lot & street parking
History of dart teams, beanbags, meat raffles, band nights
Real Estate Taxes $1,258, with tax preferential treatment
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