Address
125 Main Street E New Prague, MN
Price
$ 475,000
Property Attributes
  • ML#5725302
  • TypeCommercial
  • CountySCOTT
  • CityNew Prague
  • AreaSubdivisionname St Wenceslaus
  • Zip56071
  • StyleBusiness
  • Year Built1900
  • Taxes8314
  • Price$ 475,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3640
Listing Provided Courtesy Of:
True Life Real Estate Solution
Data Source:
NorthstarMLS
Property Description

This is a multipurpose Main Street building with an 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 a 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. The building is a combination of two buildings. It can be converted back to two separate retail suites with shared bathrooms or the buyer can take over as current use a functioning sports bar. The current loan is assumable to a qualified buyer.

Price History
3/15/2021 Listed $475,000

General Features

Accessibility Fully Wheelchair
Appliances Refrigerator, Range, Washer, Dryer
Construction Materials Brick/Stone
Contingency None
Cooling Central Air
Current Use Bar/Tavern, Event Space
Heating Forced Air
High School District New Prague Area Schools
Lender Owned No
Parking Features Paved
Property SubType Business
Property Type Commercial Sale
Roof Rubber, Metal
Sewer City Sewer/Connected
Standard Status Active
Tax Annual Amount 8314
Total Units 3
Zoning Description Business/Commercial

Interior Features

Basement Stone/Rock

Exterior Features

Foundationarea 3640
Lot Dimensions 56 x 66
Lot Features Zero Lot Line
Lot Size Units Square Feet
Road Frontage Type Paved Streets, Sidewalks, Curbs
Water Source City Water/Connected
Waterfront Y/N No

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
AVG $410K
$480K
Taxes
AVG $7,051
$8,314
Visits
AVG 171
29
Year Built
AVG 1924
1900
Walkscore
AVG 53
55
Data Provided by Walkscore ® not using MLS data

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