125 Main Street E,
New Prague MN, 56071
Description
This is a multipurpose Main Street building with attached 5900 sq. ft parking lot + street access that was remodeled and updated to be compliant with ADA and MN Health Department standards as a functioning sports bar with a remodeled upper-level apartment that has a $1300 monthly lease. Improvements include new roof, new plumbing, new roof-mounted Heating/AC unit, restroom updates, new flooring, new ceiling + wall surfaces, LED electric updates. There is an additional 12 x 17 space that can be converted to a kitchen in the sports bar or can be a tenant as an office, salon, or retail. The existing fixtures in the bar can easily be removed to create an open space for a build-out to new owner needs.Current business is available under a separate purchase contract with an additional $1500 a month from a charitable gambling contract. Business is operating successfully even with COVID. Turnkey, and can be turned over without a break in cash flow with positive growth potential.
Details
| MLS# | 5641348 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 185 |
Features
| Units | 3 |
|---|
Market Activity 56071
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Learn More About This Property
| Area Information | |
|---|---|
| State | MN |
| County | Scott |
| City | New Prague |
| Zip Code | 56071 |
| Listing VS Median (in 56071) | |
Price: $475,000 low | high Med: $265,000 On Site: 185 low | high Med: 115 | |
MLS Number: 5641348Listing Provided By:
Rodney D. Tietz of True Life Real Estate Solution