Sandstone, MN 55072,1038 Highway 23 N
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Sandstone, MN 55072,1038 Highway 23 N
Sandstone, MN 55072,1038 Highway 23 N
Sandstone, MN 55072,1038 Highway 23 N
Sandstone, MN 55072,1038 Highway 23 N

$500,000

Est. payment /mo

$509,000

1.8%
Est.Price: ?

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1038 Highway 23 N Sandstone, MN 55072

0.67 Acres Lot

SOLD DATE : 12/04/2020

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision Supp To Sandstone Quarries

MLS Listing ID 5324450

Sold Date 12/04/20

Year Built 1952

Annual Tax Amount $4,951

Tax Year 2019

Contingent None

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions IRR

Property Description

Highly profitable, owner-operated bar and off-sale liquor store located in Sandstone, Minnesota. This is the only year-round off-sale liquor store in the city making for a great business opportunity. Sandstone has a number of large employers including the federal government and the newly built hospital. The business could benefit from a higher presence online but this neighborhood bar and liquor store is already a cash cow. Roof is new in 2019, Heating and AC units are all less than 8 years old. This is a turn-key business opportunity for someone willing to work hard at a fun business in a great community. List price includes real estate, business, fixtures. Inventory to be sold at wholesale cost to buyer. Financials available with signed NDA. Confidential sale - do not approach customers or staff.

Location

State MN

County Pine

Zoning Business/Commercial

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Open

Utilities Available Heating Common, Hot Water Common

Roof Type Asphalt

Present Use Retail, Bar/Tavern

Building

Foundation 4225

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone, Vinyl Siding

Schools

School District East Central

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Listed by Shawn Murphy • Ferndale Realty

Michael Finstad

Broker Associate | License ID: #20414120

+1(612) 245-6470

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