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511 Fergus Ave 4,582 SF Retail Building Erhard, MN 56534 $649,900 ($141.84/SF)
EXECUTIVE SUMMARY
Business opportunity to own a turnkey bar in the heart of lakes country. This is a gateway to the lakes. Remodel bar, fully catering kitchen, volleyball courts outside, along with outdoor patio/bar. Fully staffed. Pulltabs and E-tabs available. Grainbin bar to be built summer 2025.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,582 SF
Building Class
C
Year Built
1900
Price
$649,900
Price Per SF
$141.84
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.78 AC
Parking
8 Spaces (1.75 Spaces per 1,000 SF Leased)
Frontage
111’ on Fergus Avenue
AMENITIES
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 70000990350001 | Improvements Assessment | $243,200 |
| Land Assessment | $20,500 | Total Assessment | $263,700 |
PROPERTY TAXES
Parcel Number
70000990350001
Land Assessment
$20,500
Improvements Assessment
$243,200
Total Assessment
$263,700
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511 Fergus Ave
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