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  • 12 Alder Rd

  • Babbitt, MN 55706
  • $399,000
  • MLS® #: 6075893
  • Year Built: 1958
COMMERCIAL property for sale in Babbitt, MN at 12 Alder Rd. This property is priced at $228,000/acre.
REDUCED

Description of 12 Alder Rd, Babbitt, MN 55706 - $399,000

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. Offsale 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!

Essential Information

  • MLS® #6075893
  • Price$399,000
  • Bathrooms0.00
  • Acres1.75
  • Year Built1958
  • TypeCOMMERCIAL
  • Sub-TypeRestaurant/Bar
  • StatusACTIVE

Amenities

Security System, Kitchen Area, Restrooms, Smoke Detectors, Fire Alarm, Storage, Outdoor Seating, Stage

Community Information

  • Address12 Alder Rd
  • AreaBabbitt
  • CityBabbitt
  • CountySt. Louis County
  • StateMN
  • Zip Code55706

Interior

  • HeatingForced Air, Propane
  • CoolingCentral
  • # of Stories1

Amenities

  • ParkingUncovered/Open

Exterior

  • ExteriorMetal
  • RoofMetal
  • ConstructionConcrete Block, Brick

Additional Information

  • Listing OfficeZ' Up North Realty

Kris LindahlREALTOR®

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Price Change History for 12 Alder Rd, Babbitt, MN (MLS® #6075893)

Date Details Price Change
Price Reduced (from $425,000) $399,000 $26,000 (6.12%)
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