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- LoopNet Team
211 Lake Ave S
Battle Lake, MN 56515
Stub's Dining & Saloon · Retail Property For Sale
Investment Highlights
- Untapped revenue streams
- Maximize income opportunity by expending hours of operation and/or length of season
- Utilize event center for catering events, weddings, dances, and alike
PROPERTY FACTS
About 211 Lake Ave S , Battle Lake, MN 56515
Established in 1969, this landmark restaurant comes with great potential for new ownership. Located in the thriving community of Battle Lake, Minnesota, it draws guests from the greater Otter Tail and neighboring counties. The restaurant currently operates from mid-March through mid-November (135 days) and has a proven history of profitability year after year. Stub's charming "Supper Club" atmosphere has attracted generations of locals and tourists since its opening. The dining room seats 72 guests, while another 90 guests can be seated in the bar area, which currently features live piano music on many evenings. An existing event center can serve 200 seated guests providing an additional revenue stream through catering events such as weddings, reunions, dances, graduations, or the like. Ample, on-sight parking accommodates the needs of the restaurant in addition to any special events. The new owner would also have the flexibility of maximizing income by extending the operation hours or season.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $268,900 |
Land Assessment | $86,700 | Total Assessment | $355,600 |
PROPERTY TAXES
- 63000990441000
- 63000990443000
Learn More About Investing in Retail Properties
Listing ID: 26057735
Date on Market: 6/30/2022
Last Updated:
Address: 211 Lake Ave S, Battle Lake, MN 56515