$329,000
Newfolden, MN 56738
MLS# 6350609

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Property Description
Well established and successful restaurant and bar could be yours! If you have been dreaming about your own business now is the time to put pen to paper. This restaurant has been operated by the same person for over 40 years and he says.. "It's time to retire". He wants to hand over the keys to someone else who will be just as successful. 6000 square feet and will host approximately 180 people. Host your private dining group in the back. Call today for you private showing!
Details
Maps
Documents
None
Allow Auto Valuation: Yes
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Status: Active
Current Price: $329,000
Original List Price: 395000
Contingency: None
ListPrice: 329000
List Date: 2023-04-04
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: NWMAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: No
Year Built: 1970
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 6000
Garage Stalls: 1
For Sale or Lease: For Sale
Acres: 0.3
Lot Dimensions: 100 x 127 ; 24 x 127
Assessment Pending: No
Location, Tax and Other Information
Legal Description: NEWFOLDEN ORIGINAL LOTS 4-5-6 & 7 and NEWFOLDEN ORIGINAL
Map Page: 999
Municipality: Newfolden
Rental License?: No
School District Phone: 218-874-8530
Map Coordinate Source: King's Street Atlas
House Number: 106
Street Name: Main
Street Suffix: Street
Postal City: Newfolden
County: Marshall
State: MN
Zip Code: 56738
Zip Plus 4: 43
Property ID Number: 540065000
Complex/Dev/Subdivision: Newfolden Original
Tax Year: 2023
Tax Amount: 1110
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Tax With Assessments: 1110
Directions & Remarks
Public Remarks: Well established and successful restaurant and bar could be yours! If you have been dreaming about your own business now is the time to put pen to paper. This restaurant has been operated by the same person for over 40 years and he says.. "It's time to retire". He wants to hand over the keys to someone else who will be just as successful.
6000 square feet and will host approximately 180 people. Host your private dining group in the back. Call today for you private showing!
Directions: Turn West off of Highway 59 N in Newfolden. Building is located on the south side.
Additional Parcels Information
Property ID #2: 540067000
Basement
Foundation Dimensions: 50 x 94
Building Information
Building Finished SqFt: 6000
Building SqFt: 6000
Fractional Ownership: No
Income and Expenses
Annual Electric Expense: 12000
Lease Details
Land Leased: No
Miscellaneous Information
FIPS Code: 27089
Homestead Desc: Other
Structure Information
Sale Includes: Building,Fixture/Equipment,Inventory
Unit Details
Total Units: 1
Property Features
Accessible: Fully Wheelchair; No Stairs Internal
Air Conditioning: Central
Appliances: Cooktop; Dishwasher; Dryer; Electric Water Heater; Exhaust Fan/Hood; Freezer; Indoor Grill; Microwave; Range; Refrigerator; Washer
Basement: Slab
Construction Status: Previously Owned
Current Use: Event Space; Restaurant; Tavern/Lounge
Exterior: Wood
Floor Description: Carpet; Concrete Slab; Tile
Fuel: Electric; Propane
Heating: Forced Air
Internet Options: Cable
Loan Terms: Cash; Conventional
Location Description: Downtown
Lot Description: Irregular Lot
On Site Utilities: Electric Separate
Owners Expense: Cable TV; Electricity; Fuel; Insurance; Janitorial Service; Maintenance/Repair; Taxes; Trash Collection
Potential Use: Income; Lounge/Bar; Office; Restaurant; Retail; Warehouse
Road Frontage: City Street; Curbs; Paved Streets
Road Responsibility: Public Maintained Road
Roof: Metal
Sewer: City Sewer/Connected
Stories: One
Wall Description: Finished
Water: City Water/Connected
Listing Office: Hometown Realty
Last Updated: August - 15 - 2023

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