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114 10th St S

6,650 SF 15% Leased Retail Building Cleveland, MN 56017 $375,000 ($56/SF)

Investment Highlights

  • Thriving community restaurant, bar & grill!
  • Turn Key Restaurant with Apartment Rental above!

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,650 SF
Building Class
B
Year Built
1903
Price
$375,000
Price Per SF
$56
Percent Leased
15%
Building Height
2 Stories
Building FAR
0.21
Land Acres
0.72 AC
Zoning
Commercial - Commercial business with apartment rental on 2nd floor.
Parking
65 Spaces (9.77 Spaces per 1,000 SF Leased)
Frontage
147 FT on 10th Street North

Amenities

  • Corner Lot
  • Restaurant
  • Storage Space
  • Air Conditioning

About 114 10th St S , Cleveland, MN 56017

Great business opportunity! This property is successfully running as Kokomo's Bar & Grill and has a good following of clients with a huge draw from all the local lakes. It is located on the corner of State Hwy 99 and 10th Street in Cleveland with high visibility along with ample parking. This is a turn key business ready for a new owner with it's full bar, outside seating deck area, spacious dining area, along with banquet room. With the oversized fully equipped kitchen, it is ready for serving the bar, dining, banquets or catering. For additional income , there is a 2 bedroom, 1 bath apartment located upstairs . Don't miss out on the great business opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15.500.0270
Land Assessment
$44,700
Improvements Assessment
$208,000
Total Assessment
$252,700
  • Listing ID: 26032317

  • Date on Market: 6/27/2022

  • Last Updated:

  • Address: 114 10th St S, Cleveland, MN 56017

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