12 Alder Rd, Babbitt, MN 55706

12 Alder Rd Babbitt, MN 55706

Pending MLS# 6100952


Data current as of {{getLocalTime('2022-07-05T18:50:36Z')}}

Details for 12 Alder Rd

MLS# 6100952

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. Off sale area currently hosts full liquor selections, cold wine/beer/champagne coolers and a diverse wine selection. “Behind the scenes” 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, None

Status: Pending

Lot Size: 1.75 Acres

Square Feet:

Year Built: 1958


Garage: No

Stories: 1

Construction: Brick,Concrete Block

Property Attached: No

Date Available:

Model Home:


Completion date:




Total Units: 1

Current Use:

Background Check: No


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:


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


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:


Additional Exterior/Lot Features:

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

$359,000 Original Price
$359,000 Current Price
-$20,000 Total Change
Date Price Change
6/7/2022 09:42 PM $359,000 -$20,000

Sales History

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Tax Summary

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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

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