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    125 Main Street E

    New Prague, MN 56071
    • $525,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: 5641348
    UPDATED: 75 min ago
    $525,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,640
      SQFT
    • $144
      $/SQFT
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing courtesy of True Life Real Estate Solution.

    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.

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    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. 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 Happy Clients Realty Advisors | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Happy Clients Realty Advisors | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Happy Clients Realty Advisors | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-09-26T07:08:53.583.

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    125 Main Street E New Prague, MN 56071

    • Price: $525,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: 5641348
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,640
    SQFT
    $144
    $/SQFT
    1900
    Built
    Neighborhood:
    Subdivisionname St Wenceslaus
    County:
    Scott
    Area:
    NEW PRAGUE
    School District:
    721 - New Prague Area Schools
    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.
    Exterior Features

    Construction Materials Brick/Stone Foundation Area 3640 Lot Features Zero Lot Line Lot Size Dimensions 56 X 66 Parking Features Paved Parking Open 16 Road Frontage Type Paved StreetsSidewalksCurbs Roof RubberMetal Waterfront YN No

    Interior Features

    Appliances RefrigeratorRangeWasherDryer Basement Stone/Rock Cooling Central Air Heating Forced Air

    Property Features

    Accessibility Features Fully Wheelchair Additional Parcels Description 240070020249341220 Additional Parcels YN Yes Contingency None Current Use Bar/TavernEvent Space Foreclosure Status No Fuel Natural Gas Inclusions BuildingLand Lender Owned No Owner Pays ElectricityWaterTaxesInsuranceTrash CollectionSnow RemovalCable Tv Postal City New Prague Potential Short Sale No Property Sub Type Business School District Number 721 Sewer City Sewer/Connected Tax Annual Amount 8314 Tax With Assessments 8500.00 Tax Year 2019 Utilities Heating CommonElectric Common Water Source City Water/Connected Zoning Description Business/Commercial

    © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
    Listing courtesy of True Life Real Estate Solution. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. 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 Happy Clients Realty Advisors | Keller Williams Integrity Lakes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Happy Clients Realty Advisors | Keller Williams Integrity Lakes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Happy Clients Realty Advisors | Keller Williams Integrity Lakes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-09-26T07:08:53.583.

    Click here for Digital Millennium Copyright Act
     
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    Happy Clients Realty Advisors | Keller Williams Integrity Lakes
    1350 Lagoon Ave. #900
    Minneapolis MN, 55408
    Listing courtesy of True Life Real Estate Solution.