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Linda's Place 236 E Maine St 2,622 SF Retail Building Amboy, MN 56010 $180,000 ($68.65/SF)
Investment Highlights
- Established local bar and restaurant known for its loyal following and long-standing reputation in the community.
- Additional dedicated off-sale liquor area generates a strong supplemental revenue stream alongside bar and dining sales.
- Full-service venue including a fully equipped kitchen, supporting dine-in service and catering opportunities for events and gatherings.
Executive Summary
Welcome to an incredible opportunity to own a successful, well-loved local bar that’s truly turn-key! This thriving establishment is known for its loyal customer base, and a reputation built on many years of great service, great food, and unforgettable events. From morning regulars to evening crowds, this place stays lively with activity. This is not just a bar, but a full dining destination with a fully equipped kitchen serving hearty homemade breakfast, lunch and dinner. The full kitchen also provides an excellent opportunity for catering, allowing you to expand revenue by serving food at private parties, community events, and special gatherings. In addition to on-site food and beverage sales, this bar also includes a dedicated off-sale area, which provides a highly profitable, high-margin revenue stream, an exceptional boost to overall annual income. Pull tabs and e-tabs add yet another strong, dependable income source. Linda's Place has hosted countless fun events such as trivia, bingo, meat raffles, DIY projects and more that keeps customers engaged and coming back for more! Some recent updates include a newer furnace, air and a new walk-in cooler compressor giving peace of mind and reducing future overhead. Everything is set and ready for a new owner to step in and continue the momentum. Whether you're an experienced bar owner or someone ready to jump into a proven business with huge potential, this property offers an exciting chance to take over a local hotspot with endless possibilities. Turn the key, take the reins, and make it your own!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,622 SF
Building Class
C
Year Built
1974
Price
$180,000
Price Per SF
$68.65
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.15 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R11-22-23-206-011 | Improvements Assessment | $111,800 |
| Land Assessment | $7,700 | Total Assessment | $119,500 |
Property Taxes
Parcel Number
R11-22-23-206-011
Land Assessment
$7,700
Improvements Assessment
$111,800
Total Assessment
$119,500
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Contact the Sale Advisor
Linda's Place | 236 E Maine St