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Updated Restaurant/Bar on Highway 23

102 Waldo Ave S, Ihlen, MN 56164

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For Sale

$257,000

COMMERCIAL - Ihlen, MN

Property size:

3,834 SF

Lot size:

0.65 Acres

Price / SF:

$67/SF

HighLights

3,834 SF single‑story restaurant/bar on a 0.65‑acre lot
Recently and extensively updated; updates completed in late fall 2019
New furnace and A/C units (most recent updates)
Central air cooling and carpet and tile flooring
Located along Hwy 23 with generous on‑site parking
Water available

We can help!

Listing Contact

Leslie Reese

Learn more

For Sale

$257,000

COMMERCIAL - Ihlen, MN

Property size:

3,834 SF

Lot size:

0.65 Acres

Price / SF:

$67/SF

Added:: Mar 11, 2026
Days on Market:: 94
Last Refresh:: Jun 12 at 1:06 am

Property Features for 102 Waldo Ave S

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: Business/Commercial
Standard status: Active
APN: 16.200.0280
Size: 3,834 SF
Lot size: 0.65 Acres

Taxes and HOA fees

Tax Description: Lots 1 to 8 Blk 2 P18
Tax Annual Amount: 828

Utilities

Utilities: Water Available
Cooling system: Central Air

Building Details

Year built: 1950
Floors in Building: 1
Flooring type: Tile, Carpet

We can help!

Listing Contact

Leslie Reese

Listing agent Leslie Reese

Listing office Keller Williams Realty Sioux Falls 6300 S Connie Avenue, Sioux Falls, MN

Listing date Mar 11, 2026

MLS# 22602252 Listing URL

Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

3,834 SF single‑story restaurant/bar on a 0.65‑acre lot
Recently and extensively updated; updates completed in late fall 2019
New furnace and A/C units (most recent updates)
Central air cooling and carpet and tile flooring
Located along Hwy 23 with generous on‑site parking
Water available

Overview

This extensively updated 3,834 square foot single-story restaurant and bar is located along Highway 23, offering great visibility. Situated on a 0.65-acre lot, the facility provides a generous amount of parking. The updates were completed in late fall of 2019 and include new furnace and A/C units. The property is located close to Pipestone, Jasper, Trent, and Trosky.

Location Intelligence

Current Use by Public Records

Bars & Pubs

Map

City: Ihlen
County: Pipestone
State: Minnesota
Longitude: -96.369927
Latitude: 43.908031

For sale
Bars & Pubs
MN
Ihlen
56164
102 Waldo Ave S

What type of property is this?

Bar & Pub - Turnkey restaurant/bar with recent updates and highway visibility.

Where is this bar & pub located?

The property is located at 102 Waldo Ave S Ihlen, MN.

What is the asking price?

The asking price for this property is $257,000.

What are key features of this property?

This property features: 3,834 SF single‑story restaurant/bar on a 0.65‑acre lot; Recently and extensively updated; updates completed in late fall 2019; New furnace and A/C units (most recent updates)

102 Waldo Ave S, Ihlen, MN 56164

COMMERCIAL - Ihlen, MN

Property Features for 102 Waldo Ave S

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Map

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