102 Highway 2 E Floodwood, MN 55736
For Sale MLS# 6221437
8,425 sq ft Commercial
MLS# 6221437
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.
Property Type: Commercial, Business Opportunity
Status: Active
Lot Size: 0.58 Acres
Square Feet: 8,425 sq ft
Year Built: 2005
Foundation: 4,392 sq ft
Garage: No
Stories: 1
Construction:
Property Attached: No
Date Available:
Model Home:
Development:
Completion date:
Subdivision: Savanna Add To Floodwood
Builder:
Foundation:
Total Units: 1
Current Use: Restaurant
Background Check: No
Furnished:
Smoking Permitted: No
In Foreclosure: No
Lender Owned: No
Potential Short Sale: No
Auction: No
County: St. Louis
Days On Market: 8
HERS Score:
Construction Status: Previously Owned
District: 698 - Floodwood
Elementary:
Middle:
High:
Square Footage above:
Square Footage below:
Flooring:
Basement: Full, Walkout, Finished (Livable), Concrete Block, Storage Space, Owner Access
Accessibility: Wheelchair Ramp
Additional Interior Features: 220 Volt
Water: City Water/Connected
Sewer: City Sewer/Connected
Available Utilities: None Available
Other Utilities:
Cooling: Central
Heating: Forced Air, Natural Gas
Parking Spaces: 75
Parking Description: Paved Lot
Exterior: Wood, Log Siding, Brick/Stone
Roof: Metal
Lot View:
Lot Dimensions: 325x199x253
Farm Type:
Crop Type:
Zoning: Business/Commercial
Fence: Chain Link
Additional Exterior/Lot Features: Irregular Lot, Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Inventory,Land,Liquor License, Road Frontage - US Highway
Soil Type:
Tillable Acres:
Other Deposit Fees:
Covenants/Deed Restrictions:
Terms:
Tenant Pays:
Owner Pays:
Annual Income: $487,172
Annual Expense: $116,400
Ownership Type:
Tax/Property ID: 125003001750
Tax Amount: $18,346
Tax Year: 2022
HomeStead Description: Non-Homesteaded
| Date | Price | Change |
|---|---|---|
| 6/21/2022 09:39 AM | $550,000 |
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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 Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2022 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
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| Schools in attendance boundaries | 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.
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