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7540 5th St 4,957 SF Retail Building New Auburn, MN 55366 $270,000 ($54.47/SF)
Investment Highlights
- New roof (Ballroom): 2025; New roof (Main Bar): 2023
- Water softener: 2018
- Security system (alarm + cameras) included
- Furnaces: 3 total (newest 2025, another 2017); Air conditioners: 3 total (one new in 2025)
- Exterior sump pump installed
- Additional bar equipment recently added
Executive Summary
Step into ownership of Backwoods Bar, a well-known, family-run establishment with strong community ties in the heart of New Auburn, MN. This two-story property features three bar areas, including a spacious ballroom well-suited for events, bingo, and raffles, along with a bar on the lower level and a full-service restaurant on the upper level that is currently not in operation. The bar is currently running with a streamlined, profitable menu, with the potential to expand the upper level into a full-service restaurant to meet strong local demand. The upper level features a full commercial kitchen equipped with a 14-foot hood, along with a dedicated dining area. Additional highlights include a spacious parking lot, a storage shed, and a grandfathered fenced patio complete with a small portable outdoor bar.
Included Assets & Leases:
- TVs & some personal property located in the building will transfer with the sale
- POS system: Service provider is Clover (2 years remaining; buyer to assume lease)
- Entertainment: Pool Table, TouchTunes, and Arcade Game (Leased entertainment equipment; new lease to be discussed with the service provider).
- Security System: Security system equipment transfers with sale with option for new service contract
Included Assets & Leases:
- TVs & some personal property located in the building will transfer with the sale
- POS system: Service provider is Clover (2 years remaining; buyer to assume lease)
- Entertainment: Pool Table, TouchTunes, and Arcade Game (Leased entertainment equipment; new lease to be discussed with the service provider).
- Security System: Security system equipment transfers with sale with option for new service contract
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
4,957 SF
Building Class
C
Year Built
1945
Price
$270,000
Price Per SF
$54.47
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.29 AC
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 36.0094.000 | Improvements Assessment | $71,200 |
| Land Assessment | $28,400 | Total Assessment | $99,600 |
Property Taxes
Parcel Number
36.0094.000
Land Assessment
$28,400
Improvements Assessment
$71,200
Total Assessment
$99,600
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