145 W Franklin St, Wells, MN 56097 - Faribault County

PROPERTY DESCRIPTION

Welcome to this well-maintained and high-quality commercial building in downtown Wells, MN, just a stone's throw away from the historic Depot Museum. Formerly operated as the American Legion, this property offers a fantastic opportunity for ownership and operation as a tavern, restaurant, or versatile meeting and event center. The sale includes most owned equipment, making it a turnkey investment. Spanning over 11,000 square feet, this property boasts an impressive finished space, including a basement area perfect for meetings and events, complete with a commercial kitchen. Recent upgrades such as a main floor kitchenette with exhaust system, HVAC, circuit breaker boxes, ELEVATOR, flooring, and ceiling tiles enhance the overall appeal of the building. With utilities averaging around $4,300 per year, this property presents a lucrative investment opportunity. Liquor and gamble license today could be negotiated. Don't Miss out today!

Please contact LandProz Associate Broker & Agent Realtor Jen Busch at 507-923-7657 for more information or to set up a showing.

PROPERTY FEATURES

Address: 145 W Franklin Street, Wells MN 56097

11,346 Total Sq. Ft.

Commercial kitchen

New Kitchenette on main level

All equipment included in sale

All new HVAC [within the last 6 years]

Bar area

Event spaces

Elevator [installed in last 10 years]

Pool table, Jukebox, ATM & Dart boards are all rented

Lot & street parking

History of dart teams, beanbags, meat raffles, band nights

Real Estate Taxes $1,258, with tax preferential treatment