$550,000

102 E Highway 2, Floodwood, MN 55736


102 E Highway 2 Floodwood, MN 55736

For Sale MLS# 6103695

Commercial

Data current as of {{getLocalTime('2022-07-01T07:15:52Z')}}

Details for 102 E Highway 2

MLS# 6103695

Description for 102 E Highway 2, Floodwood, MN, 55736


Welcome to Savanna Portage Bar, Restaurant & Event Venue. This awesome staple in the Floodwood business community would be a great investment for anyone looking to be their own boss. Profitable business with well-established clientele. 50 Seat bar area, 24x20 outdoor deck area seats 24, 72 seat dining area and a second bar/venue in lower level that seats 100 and opens up to the E side of property with sand volleyball court. Clients love the "Up North" feel, the welcoming environment and the establishment is centrally located between Duluth, Grand Rapids, Hibbing & McGregor. With all of the extra space, it is an excellent meeting place for business gatherings, weddings, celebrations of life, birthdays, retirement parties, etc... See supplements for all of the updates to the mechanicals of the building and business (too many to list here). Beautiful log siding/metal roof and overall atmosphere. Don't miss this once in a lifetime opportunity.

Listing Information


Property Type: Commercial, None

Status: Active

Lot Size: 0.58 Acres

Square Feet:

Year Built: 2005

Foundation:

Garage: No

Stories:

Construction: Concrete Block

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 1

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: St. Louis

HERS Score:

Construction Status:

School Information


District: Floodwood #698

Elementary:

Middle:

High:

Utilities


Water: City

Sewer: City

Available Utilities:

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Description:

Exterior: Stone, Log, Brick

Roof: Metal

Lot View:

Lot Dimensions: 325x199x253

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Driving Directions


.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms: Cash,Conventional

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 125003001750

Tax Amount: $18,346

Tax Year: 2022

HomeStead Description:

Price Changes


$550,000 Original Price
$550,000 Current Price
+$0 Total Change
Date Price Change
6/21/2022 12:46 PM $550,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 102 E Highway 2

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings