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10480 State Highway 24 NW 3,501 SF Retail Building Annandale, MN 55302 $699,900 ($199.91/SF)



EXECUTIVE SUMMARY
This well-established restaurant and bar has been a beloved local hotspot for years, operating under different names and owners but always drawing a loyal crowd. Inside, the bar seamlessly connects to multiple dining areas, creating a welcoming and versatile space. The interior features nine TVs, nine high-top tables, nine booths, and nine large tables, with the bar itself surrounded by 15 barstools, perfect for socializing. The 110' video wall is a highlight of the main dining area. Step outside to the spacious back deck, which seats approximately 25 guests and offers a great spot for outdoor dining. Ample on-site parking ensures convenience for both regulars and new visitors. Located on Highway 24, this prime spot benefits from high traffic counts and proximity to several area lakes. Whether guests are stopping in after a day on the water for a burger and a brew or gathering to watch the big game, this local favorite is a turn-key opportunity for the next owner to step in and be embraced by the community.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,501 SF
Building Class
C
Year Built
1965
Price
$699,900
Price Per SF
$199.91
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.60 AC
Zoning
Commercial
Parking
100 Spaces (28.56 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 206-000-093103 | Improvements Assessment | $290,300 |
| Land Assessment | $114,000 | Total Assessment | $404,300 |
PROPERTY TAXES
Parcel Number
206-000-093103
Land Assessment
$114,000
Improvements Assessment
$290,300
Total Assessment
$404,300
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10480 State Highway 24 NW
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