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Restaurant and Bar with Event Space
For Sale
$350,000

137 1st St E, Jordan, MN 56071

Restaurant and bar concept with outdoor seating and a newly completed front facade in a CBD C-2 zoning district.

Property SizeContact for details
Days on Market84

Property Features for 137 1st St E

General Information

Standard status Active
Zoning C-2

Taxes and HOA fees

Annual Taxes $7,081
Listing Agency: Skogland Realty
Listed By: David A Skogland
Source: Exprealty
Added: May 28 Changed: Aug 8 Last Checked: Aug 19 at 12:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skogland Realty

Investment Insights

Based on property information with market context.

This property is positioned for restaurant and bar use, with an event center concept and room for outside seating. A new front facade has just been completed, providing a refreshed street-facing presence for guest-facing operations.

The asset is located at 137 1st St E in Jordan, Minnesota, within the Central Business District under C-2 zoning. Public remarks indicate that City Council approval will be required for the best use to match intended plans related to Jordan’s downtown development.

From an operator or buyer standpoint, the property’s configuration supports a food-and-beverage offering combined with programming for events, with outdoor seating called out as part of the guest experience. The completed facade is a practical upgrade for a business that depends on visibility and customer draw at the entrance. Prospective buyers should review the City Council approval requirement and ensure their intended use aligns with what is being presented, as that step is identified as part of moving forward.

Key Highlights

  • Restaurant and bar concept with outdoor seating in the Central Business District (CBD) C‑2 zoning district
  • New front facade has just been completed
  • City Council approval required for the best use matching intended plans for Jordan downtown development

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Real Estate Agency Auto Parts Store Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

347
Businesses Nearby
Under-served
Demand for This Use

Demographics for 56071, MN

12,913
Population
4,773
Households
2.7
Avg Household Size
38
Median Age
33%
College-Educated
97%
High-School Grad
85.9 sq mi
ZIP Area
150
Density / Sq Mi
$109,672
Median Household Income
$54,600
Median Earnings
$1,183
Median Rent
$373,000
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant and bar concept with outdoor seating and a newly completed front facade in a CBD C-2 zoning district.
Where is this conventional restaurant located?
The property is located at 137 1st St E Jordan, MN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Restaurant and bar concept with outdoor seating in the Central Business District (CBD) C‑2 zoning district; New front facade has just been completed; City Council approval required for the best use matching intended plans for Jordan downtown development
More about this property
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