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104-112 Main St
Wanamingo, MN 55983
JB's Tavern · Retail Property For Sale
Investment Highlights
- Successful local restaurant with full commercial kitchen
- Tons of investment upside for a skilled operator
- Upper-level residential apartment offering stable tenancy
- Multiple value-add buildings
- Outdoor patio connected to sand volleyball courts that enhance customer traffic and seasonal appeal
Property Facts
Property Type
Retail
Building Size
15,000 SF
Year Built
1905
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.37 AC
Zoning
Commercial
About 104-112 MAIN ST , WANAMINGO, MN 55983
Sale includes business goodwill, assets, inventory, and FF&E along with three buildings. Building one houses JB's Tavern. Building two has a thrift shop on a gross lease for $500 per month, which is below market. Building three is a multifamily building that could be built out with up to four units. One unit is already built out and occupied by a long-term tenant that is employed by the restaurant. The remaining units would need a full build out.
Property Taxes
| Parcel Numbers | Improvements Assessment | $160,300 | |
| Land Assessment | $56,300 | Total Assessment | $216,600 |
Property Taxes
Parcel Numbers
Land Assessment
$56,300
Improvements Assessment
$160,300
Total Assessment
$216,600
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