$150,000
    145 W Franklin Street
    Wells, MN 56097
    MLS# 6491363

    145 W Franklin Street, Wells, MN 56097
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    145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097 145 W Franklin Street, Wells, MN 56097

    Property Description
    Welcome to this well-maintained and high-quality commercial building in downtown Wells, MN, just a stone's throw away from the historic Depot Museum. Formerly operated as the American Legion, this property offers a fantastic opportunity for ownership and operation as a tavern, restaurant, or versatile meeting and event center. The sale includes most owned equipment, making it a turnkey investment. Spanning over 11,000 square feet, this property boasts an impressive finished space, including a basement area perfect for meetings and events, complete with a commercial kitchen. Recent upgrades such as a main floor kitchenette with exhaust system, HVAC, circuit breaker boxes, ELEVATOR, flooring, and ceiling tiles enhance the overall appeal of the building. With utilities averaging around $4,300 per year, this property presents a lucrative investment opportunity. Liquor and gamble license today could be negotiated. Don't Miss out today!

    Details
    Documents
    None
    MLSID: RMLS
    Contract Information
    Digitally Altered Photos: No
    Status: Active
    Current Price: $150,000
    Contingency: None
    ListPrice: 150000
    List Date: 2024-02-20
    Owner is an Agent?: No
    Auction?: No
    Office/Member Info
    Association: SEMR
    General Property Information
    Lot Measurement: Acres
    Multiple PIDs?: No
    Other Parking Spaces: 30
    Owner Occupied: Yes
    Year Built: 1949
    Yearly/Seasonal: Yearly
    Zoning: Business/Commercial, Other
    Foundation Size: 5146
    For Sale or Lease: For Sale
    Acres: 0.2
    Lot Dimensions: 69x132
    Location, Tax and Other Information
    Legal Description: ORIGINAL PLAT OF WELLS BLOCK-001 .20 AC W70' OF 7, 8, 9, 10 & S 1/2 OF 11 & W35' OF N 1/2 OF 11 & W 35' OF S9.5' OF LOT 12
    Listing City: Wells
    Map Page: 999
    Municipality: Wells
    Rental License?: No
    School District Phone: 507-553-3134
    House Number: 145
    Street Direction Prefix: W
    Street Name: Franklin
    Street Suffix: Street
    Postal City: Wells
    County: Faribault
    State: MN
    Zip Code: 56097
    Zip Plus 4: 1930
    Property ID Number: 302000060
    Complex/Dev/Subdivision: Village/Wells
    Tax Year: 2023
    Tax Amount: 1258
    In Foreclosure?: No
    Potential Short Sale?: No
    Lender Owned?: No
    Directions & Remarks
    Public Remarks: Welcome to this well-maintained and high-quality commercial building in downtown Wells, MN, just a stone's throw away from the historic Depot Museum. Formerly operated as the American Legion, this property offers a fantastic opportunity for ownership and operation as a tavern, restaurant, or versatile meeting and event center. The sale includes most owned equipment, making it a turnkey investment. Spanning over 11,000 square feet, this property boasts an impressive finished space, including a basement area perfect for meetings and events, complete with a commercial kitchen. Recent upgrades such as a main floor kitchenette with exhaust system, HVAC, circuit breaker boxes, ELEVATOR, flooring, and ceiling tiles enhance the overall appeal of the building. With utilities averaging around $4,300 per year, this property presents a lucrative investment opportunity. Liquor and gamble license today could be negotiated. Don't Miss out today!
    Directions: Close to the Railroad Depot historical museum in Wells, MN- park in back or on the street
    Assessments
    Tax With Assessments: 1258
    Basement
    Foundation Dimensions: 70X112
    Building Information
    Building Finished SqFt: 11346
    Building SqFt: 11346
    Ceiling Height: 8-10
    Lease Details
    Land Leased: Not Applicable
    Miscellaneous Information
    Homestead: No
    Ownership
    Fractional Ownership: No
    Sale Options
    Sale Includes: Building, Fixture/Equipment, Other
    Unit Details
    Total Units: 1
    Property Features
    Accessible: Accessible Elevator Installed; Doors 36"+; Hallways 42"+
    Air Conditioning: Central
    Amenities Unit: Ceiling Fan(s)
    Appliances: Exhaust Fan/Hood
    Basement: Concrete Block; Full
    CMU Style: Business Opportunity
    Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Oven; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer
    Construction Materials: Block; Brick
    Construction Status: Previously Owned
    Current Use: Event Space; Restaurant; Tavern/Lounge
    Exterior: Brick/Stone
    Flooring: Floor Drains; Other/See Remarks; Tile; Vinyl/Linoleum
    Fuel: Natural Gas
    Heating: Forced Air
    Loan Terms: Cash; Conventional
    Lock Box Type: None
    Miscellaneous Information: 2+ Lavatories; Exterior Lighting; Kitchen Facilities
    No. of Ranges: One
    No. of Refrigerators: Three
    On Site Utilities: None Available
    Owner Pays: Broadband; Cable TV; Electricity; Fuel; Insurance; Janitorial Service; Janitorial Service; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water
    Parking Characteristics: Gravel Lot; On-Street Parking Only
    Potential Use: Income; Office; Other; Professional; Restaurant; Retail; Warehouse
    Road Frontage: City Street; Paved Streets
    Road Responsibility: Public Maintained Road
    Roof: Rubber
    Sewer: City Sewer - In Street
    Stories: One
    Topography: Level
    Wall Description: Finished; Insulated
    Water: City Water/Connected

    Listing Office: LandProz Real Estate, LLC

    Last Updated: May - 02 - 2024

    145 W Franklin Street, Wells, MN 56097 - MLS# 6491363
    The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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