124 1st Ave W 3,275 SF Retail Building Shakopee, MN 55379 $799,000 ($243.97/SF)
INVESTMENT HIGHLIGHTS
- Bar, no kitchen
- Good visibility and traffic
- Real estate included
EXECUTIVE SUMMARY
Bar with No kitchen
Nostalgic, turn-key bar for sale Shakopee. Longstanding with a loyal customer base strategically located in a high-traffic commercial region surrounded by retail shops, dining options, and residential neighborhoods. The prime real estate is conveniently situated with excellent visibility and ample parking. The fully equipped bar is completely operational with two bars, equipment, and walk-in coolers. Gaming options include electronic and pull tabs, pool, and darts. With rich history, this well-loved destination is known for great service, entertainment, and community events, and this rare opportunity is a chance to own a profitable bar and real estate in a in a busy suburban area.
Nostalgic, turn-key bar for sale Shakopee. Longstanding with a loyal customer base strategically located in a high-traffic commercial region surrounded by retail shops, dining options, and residential neighborhoods. The prime real estate is conveniently situated with excellent visibility and ample parking. The fully equipped bar is completely operational with two bars, equipment, and walk-in coolers. Gaming options include electronic and pull tabs, pool, and darts. With rich history, this well-loved destination is known for great service, entertainment, and community events, and this rare opportunity is a chance to own a profitable bar and real estate in a in a busy suburban area.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
3,275 SF
Building Class
C
Year Built
1900
Price
$799,000
Price Per SF
$243.97
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.20 AC
Parking
10 Spaces (3.05 Spaces per 1,000 SF Leased)
Frontage
58’ on 1st Ave
ABOUT 124 1ST AVE W , SHAKOPEE, MN 55379
.33 acres Parking lot Traffic counts 17,400 1st ave E/169 and 1,450 Holmes St S +3,000 sq. ft. 2 bars Patio
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27-001-155-0 | Improvements Assessment | $193,000 (2024) |
| Land Assessment | $96,300 (2024) | Total Assessment | $289,300 (2024) |
