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124 Vernon Ave
Morgan, MN 56266
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,800 SF
Building Class
C
Year Built
1934
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.18 AC

ABOUT 124 VERNON AVE , MORGAN, MN 56266

Bar/Restaurant Opportunity: The City and Country Tavern building in Morgan, MN (population 860) is for sale. The property includes a Bar/Restaurant/Banquet Hall/Kitchen that are turn key. All of the equipment necessary to operate the business is included in this sale. You could be open for business immediately. Banquet Hall has seating for up to 240 people, and patio seating is also available. Building, furniture, fixtures and equipment for sale. On the second floor of the building, there is a recently remodeled two bedroom apartment that produces $7800 per year in revenue. Sale also includes adjacent vacant lots (Parcel ID: 86-200-1000: 120 Vernon Ave; and 86-200-0510: 118 Vernon Ave; and 86-200-0520: 116 Vernon Ave). These lots can be an outdoor recreation area for the bar/restaurant, or could be built on or sold separately. Seller is willing to finance approximately 1/3 of this sale.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
86-200-0960
Land Assessment
$4,600
Improvements Assessment
$124,300
Total Assessment
$128,900
  • Listing ID: 14760647

  • Date on Market: 1/3/2019

  • Last Updated:

  • Address: 124 Vernon Ave, Morgan, MN 56266

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