145 W Franklin ST Active Save Request In-Person Tour Request Virtual Tour
Wells,MN 56097
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Village/Wells
MLS Listing ID 6491363
Year Built 1949
Annual Tax Amount $1,258
Tax Year 2023
Contingent None
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 69x132
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 and gamble license today could be negotiated. Don't Miss out today!
Location
State MN
County Faribault
Zoning Business/Commercial,Other
Rooms
Basement Block,Full
Kitchen Cookware/Utensils,Prep Station,Refrigerator,Shelving and Racks,Walk-In Cooler/Freezer,Dishwasher,Flat Top,Freezer,Fryer,Grill,Ice Machine,Oven
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building,Fixture/Equipment,Other
Fireplace No
Appliance Exhaust Fan
Exterior
Garage Gravel,On-Street Parking Only
Utilities Available None
Roof Type Rubber
Present Use Event Space,Restaurant,Bar/Tavern
Parking Type Gravel,On-Street Parking Only
Building
Story One
Foundation 5146
Sewer City Sewer - In Street
Water City Water/Connected
Level or Stories One
Structure Type Brick/Stone
Schools
School District United South Central