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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

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,500 SF
Building Class
C
Year Built/Renovated
1940/2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.93 AC
Zoning
Commercial - Commercial
Parking
40 Spaces (5.33 Spaces per 1,000 SF Leased)

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 63000990441000
  • 63000990443000
Land Assessment
$86,700
Improvements Assessment
$268,900
Total Assessment
$355,600
  • Listing ID: 26057735

  • Date on Market: 6/30/2022

  • Last Updated:

  • Address: 211 Lake Ave S, Battle Lake, MN 56515

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