a Berkshire Hathaway affiliate

$399,000

12 Alder Rd, Babbitt


12 Alder Rd Babbitt, MN 55706

For Sale MLS# 6075893

Commercial

Data current as of {{getLocalTime('2020-01-22T18:03:17Z')}}

Details

MLS# 6075893

Description for 12 Alder Rd, Babbitt, MN, 55706


WOW! Tremendous business opportunity awaits! This long established bar, restaurant and former bowling alley is now available. The 7500+ sq ft building hosts a full service bar (includes existing new bar beer coolers, multiple televisions, ATM machine) with abundant bar and table top seating. Adjoining 90 + person bar area expands the already ample seating to host bands, entertainment, fundraisers or can be easily closed off for private functions. Newer multiple central air units, heating and a metal roof. Ample parking and city water and sewer. Located within Babbitt City limits so option of a 2 AM liquor license. Offsale area currently hosts full liquor selections, cold wine/beer/champagne coolers and a diverse wine selection. â??Behind the scenesâ? warehouse area is a must see! This area allows an opportunity to purchase wine/liquor/beer at discounted bulk prices to sell in offsale OR bar. Included are additional freezers, huge walk in cooler and multiple shelving! An additional walk in keg cooler provides abundant room for multiple kegs to service bar or store for private orders. Surveillance systems and POS master system are located in the secure backroom office. Two outdoor patios areas (22 x 64 and 25 x 25), and a seasonal horseshoe pit allow for seasonal outside seating. All this value located in the middle of town!

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 1.75 Acres

Square Feet:

Year Built: 1958

Foundation:

Garage: No

Stories: 1

Construction: Concrete Block,Brick

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:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Additional Interior Features: Security System, Fire Alarm, Kitchen Area, Restrooms, Smoke Detectors

Utilities


Water: City

Sewer: City

Available Utilities:

Other Utilities:

Cooling: Central

Heating: Forced Air, Propane

Exterior / Lot Features


Parking Description: Uncovered/Open

Exterior: Metal

Roof: Metal

Lot View:

Lot Dimensions: 276x183

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features: Road Frontage - City Street

Soil Type:

Tillable Acres:

Unit Information


Total Baths:

Total Bedrooms:

Total Rooms: 1

Driving Directions


in town

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms: Cash,Conventional

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 105-0080-00067, 59,74

Tax Amount: $4,894

Tax Year: 2018

HomeStead Description:

Price Changes


$425,000 Original Price
$399,000 Current Price
+$0 Total Change
Date Price Change
6/7/2018 02:47 PM $425,000

Sales History

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Schools nearby 12 Alder Rd

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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

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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