For Sale: Calumet MLS# 6689469
Active
$200,000
Commercial: Business Opportunity
Built 1940
0.14 acres
Greenway schools
MLS# 6689469
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Property Description
Small-town bar that sells on-sale, off-sale, handmade pizzas, pull-tabs and e-tabs. We currently have a category 2 food license, we have the approved walls and flooring in our small kitchen area with a hand-wash sink in place. It would be easy to add a grill and hood, deep-fryer, etc! Currently, we have a brand new pizza prep table and are serving handmade pizzas. Would be easy to expand that into subs, paninis, etc! Great cash flow! We have year-round pool and dart leagues with several tournaments throughout the year. We also have Bingo, Texas Hold Em and Meat Raffle! There is a recently remodeled mobile home on the lot next door that may be available for purchase as well. Contract for deed available! Motivated Seller!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$200,000
Property Type:
Commercial
City:
Calumet
Garage Spaces:
1
County:
Itasca
Year Built:
1940
State:
MN
Property Style:
Business Opportunity
Zip Code:
55716
Subdivision Name:
Calumet
Interior
Ceiling Height:
11-15
Refrigerators:
One
Appliances Included:
- Electric Water Heater
- Freezer
- Microwave
- Refrigerator
Basement Details:
- Block
- Full
- Storage Space
Exterior
Stories:
One
Garage Spaces:
1
Other Parking Spaces:
20
Air Conditioning:
Window Unit(s)
Foundation Size:
3,482 ft2
Handicap Accessible:
Fully Wheelchair
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- On-Street Parking Only
- Open
- Tuckunder Garage
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Log Siding
Roof Details:
- Age 8 Years or Less
- Flat
- Rubber
Lot & Land
Acres:
0.14
Geolocation:
47.323209, -93.277504
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Land
Lot Dimensions:
130 x 125
Addl Parcels:
874100840
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Farm
Topography:
High Ground
Schools
School District:
316
District Phone:
218-247-7306
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$6,456
Annual Fuel Expense:
$3,000
Annual Insurance Expense:
$5,000
Annual Maintenance Expense:
$1,000
Annual Gross Expense:
$95,760
Annual Trash Expense:
$2,400
Annual Water/Sewer Expense:
$960
Tenant Expenses:
All Utilities, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$1,988
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,988
Income
Annual Gross Income:
$228,036
Rent
Annual Net Income:
$132,276
Units
Total Units:
1
Miscellaneous
Current Use:
- Bar/Tavern
- Event Space
- Food Service
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Real Estate Corners, Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.