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Patriots Tavern 145 New England Pl 4,858 SF 100% Leased Retail Building Stillwater, MN 55082 $1,850,000 ($380.82/SF)

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INVESTMENT HIGHLIGHTS

  • Turnkey Hospitality Opportunity with Real Estate Included
  • Functional, Well-Equipped Property with Growth Potential
  • Strong Community Appeal and Proven Concept

EXECUTIVE SUMMARY

Patriots Tavern represents a compelling hospitality opportunity in the heart of Stillwater’s vibrant and well-trafficked dining scene. This cozy, New England–style tavern and pub offers a warm, inviting atmosphere that blends classic American comfort food with an approachable yet elevated dining experience. Known for its welcoming service and relaxed neighborhood feel, Patriots Tavern has become a popular gathering place for both loyal local patrons and visiting visitors alike.
Established by a local family with a strong commitment to quality and consistency, the restaurant emphasizes fresh ingredients, generous portions, and a diverse menu that appeals to a broad customer base. Signature offerings include wood-fired pizzas, handcrafted burgers, seafood selections, and a rotating lineup of craft beers that complement the menu and encourage repeat patronage.
The offering includes both the operating business and the underlying real estate, providing a rare opportunity for ownership stability and long-term value appreciation. The business benefits from strong community ties, positive brand recognition, and a proven operating model, with additional upside through expanded events, catering, private parties, and enhanced service offerings. Detailed financial information is available to qualified buyers upon execution of a confidentiality agreement (NDA).

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,858 SF
Building Class
C
Year Built
2004
Price
$1,850,000
Price Per SF
$380.82
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.36 AC
Zoning
C&I
Parking
25 Spaces (5.15 Spaces per 1,000 SF Leased)
Frontage
78’ on 75th St

AMENITIES

  • Signage

ABOUT 145 NEW ENGLAND PL , STILLWATER, MN 55082

Well-maintained commercial property with annual property taxes and special assessments totaling approximately $31,300. The space features a warm, New England–style dining room offering a blend of table and bar seating in an upscale-casual pub atmosphere, making it well suited for families, social gatherings, and neighborhood patrons alike. The restaurant accommodates approximately 60 indoor seats and includes a full-service bar, along with outdoor patio seating available seasonally. The property offers wheelchair-accessible entry, ensuring accessibility for all guests. A well-equipped commercial kitchen supports efficient dine-in and takeout operations, providing flexibility for current and expanded service offerings. The building encompasses approximately 2,400+ square feet on the main floor and benefits from ample parking, including street parking and nearby public lots for customer convenience. The combination of functional layout, inviting ambiance, and convenient access makes this property well positioned for continued restaurant and hospitality use. Click here for additional photos and drone footage https://mint-real-estate-photography.aryeo.com/sites/145-new-england-pl-stillwater-mn-55082-21013475/branded

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Patriot's Tavern
  • Accommodation and Food Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Patriot's Tavern Accommodation and Food Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-030-20-32-0104
Land Assessment
$185,700
Improvements Assessment
$642,900
Total Assessment
$828,600
  • Listing ID: 38870126

  • Date on Market: 12/23/2025

  • Last Updated:

  • Address: 145 New England Pl, Stillwater, MN 55082

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