Address
125 Main Street E New Prague, MN
Price
$ 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 |
Amenities
- 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
Price
Taxes
Visits
Year Built
Walkscore
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Long Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (little black
house) and detailed information about them includes the name of the listing brokers.
