Listing Agency: Century 21 Atwood Albert Lea c***@yahoo.com Show Phone

Listed By: Rick Mummert · License #MN

Source: Crexi

Added: Jan 31 Changed: Aug 16 Last Checked: Aug 19 at 8:48AM

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Investment Insights

Based on property information with market context.

This listing presents an opportunity for an established on-sale liquor business with food service. The property consists of two contiguous parcels and buildings, each with separate utility services, including municipal water and sewer, 100 amp electrical services with circuit breaker service panels, and a shared 1000-gallon LP tank. The building at 126 Main Street So. was intended to expand the dining and bar area into its 1440 square foot structure via a wide connecting hallway. The main bar area features an outside seating and dining patio on a 48' x 22' deck connected to the back of the building. Various weekly leagues and activities take place, including pool leagues, Texas Hold'em, dart leagues, and fireman's bingo. The business also provides pull tabs and e-tabs for charitable gambling. Kitchen hours are 3:00 pm - 9:00 pm on weekdays and noon - 9:00 pm on weekends. The facility includes an historic bar, pool table, stainless steel commercial kitchen equipment, an Ansul exhaust hood, a walk-in cooler, and electronic amusement dart games. All kitchen equipment is approved by the local health inspector. Recent upgrades include a new hot water heater, roof, storefront, and windows on the 130 Main St. So. building. The list price includes all liquor and food inventory.

Key Highlights

• Established on‑sale liquor business with food service
• Includes two contiguous parcels and buildings
• Enjoy the outdoor seating and dining on the 48' x 22' deck

Property Analytics

Property Profile

Current Use

Bars & Pubs

Suggested Use

Top Pick Plumbing Service Carpet & Flooring Store Catering Service Big Box & Wholesale Store Kitchen & Bath Showroom Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

64

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56051, MN

640

Population

381

Households

1.7

Avg Household Size

48

Median Age

12%

College-Educated

93%

High-School Grad

29.4 sq mi

ZIP Area

22

Density / Sq Mi

$50,909

Median Household Income

$36,300

Median Earnings

$950

Median Rent

$55,700

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Similar Off Market Nearby

• Forever Berma's — 130 S Main St, Kiester, MN 56051

Frequently Asked Questions

What type of property is this?

Bar & Pub - Two contiguous parcels with bar, restaurant, and expansion potential.

Where is this bar & pub located?

The property is located at 126 & 130 Main Street S Kiester, MN.

What is the asking price?

The asking price for this property is $234,900.

What are key features of this property?

This property features: Established on‑sale liquor business with food service; Includes two contiguous parcels and buildings; Enjoy the outdoor seating and dining on the 48' x 22' deck