$325,000

234 Pine Street, Nicollet, MN 56074


$325,000

Off-Market Date: 6/27/2022

($35,000) 4/7/2022

234 Pine Street Nicollet, MN 56074

Pending MLS# 5755605

3,520 sq ft Commercial

Data current as of {{getLocalTime('2022-07-02T22:31:44Z')}}

Details for 234 Pine Street

MLS# 5755605

Description for 234 Pine Street, Nicollet, MN, 56074


Successful local bar-restaurant located on highly visible and well traveled corridor through Nicollet. An already solid bar & restaurant business, has room to run with additional revenue generating improvements on second story of the building. Business located on prime real estate conveniently located off Hwy 14 which is a major east-west corridor for S. MN, connecting New Ulm, Courtland, Nicollet, N. Mankato, Mankato, Owatonna and Rochester. Business operations located on main level comprised of 3520 finished sq ft. Sale includes land, buildings, furniture, fixtures, and equipment. The building offers another 3520 unfinished sq ft in basement and again on the second story. Basement offers storage, upper level used for storage with potential for apartment conversion, or event rental conversion. Pole shed offers 1320 sq ft used for live entertainment and local events.Ample outdoor seating and convenient outdoor bar. Steady and loyal describes this business and community.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Pending

Lot Size: 0.18 Acres

Square Feet: 3,520 sq ft

Year Built: 1905

Foundation: 3,520 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Original

Builder:

Foundation:

Total Units: 2

Current Use: Restaurant,Tavern/Lounge

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Nicollet

Days On Market: 413

HERS Score:

Construction Status: Previously Owned

School Information


District: 507 - Nicollet

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Partially Wheelchair, Grab Bars In Bathroom

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Common

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 24

Parking Description: On-Street Parking Only

Exterior: Metal, Brick/Stone

Lot View:

Lot Dimensions: 8712 sq ft

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Land,Liquor License

Soil Type:

Tillable Acres:

Driving Directions


99 & Pine St.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 176820280

Tax Amount: $3,678

Tax Year: 2021

HomeStead Description: Non-Homesteaded

Price Changes


$398,500 Original Price
$325,000 Current Price
-$73,500 Total Change
Date Price Change
4/7/2022 10:07 AM $325,000 -$35,000
1/17/2022 03:04 PM $360,000 -$15,000
8/31/2021 01:52 PM $375,000 -$23,500
5/11/2021 01:58 PM $398,500

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 234 Pine Street

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.

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