125 Main Street E New Prague, MN
$ 475,000
Property Attributes
  • ML#5641348
  • TypeCommercial
  • CountySCOTT
  • CityNew Prague
  • AreaSubdivisionname St Wenceslaus
  • Zip56071
  • StyleBusiness
  • Year Built1900
  • Taxes8314
  • Price$ 475,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3640
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
True Life Real Estate Solution
Property 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.

Price History
8/25/2020 Listed $525,000
12/7/2020 10% - $475,000

General Features

Contingency None
High School District New Prague Area Schools
Property SubType Business
Property Type Commercial Sale
Roof Rubber, Metal
Standard Status Active

Interior Features

Basement Stone/Rock

Exterior Features

Lot Dimensions 56 x 66
Lot Size Area 0.14
Lot Size Units Square Feet


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 56071

AVG $560K
AVG $10,132
AVG 150
Year Built
AVG 1938
AVG 42
Data Provided by Walkscore ® not using MLS data

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