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Bar Property with Dining Area
For Sale
Contact for pricing
Pending

404 N Washington Ave, Springfield, MN 56087

Bar and dining premises with kitchen equipment, recreation areas, and on-site parking improvements.

Property SizeContact for details
Days on Market143

Property Features for 404 N Washington Ave

General Information

Standard status Pending
Property subtype Retail, Business for Sale

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes

Amenities

Pool and Dart Area
Listing Agency: Kerkhoff Auction & Real Estate
Listed By: Douglas Kerkhoff · License #MN
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 6:43PM

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 Kerkhoff Auction & Real Estate

Investment Insights

Based on property information with market context.

The property at 404 N Washington Ave includes the real estate along with owned fixtures and kitchen equipment. Interior features include a large bar, dining area, pool area, dart area, and a maintained kitchen. A newer roof contributes to the building’s physical improvements.

Exterior features include a concrete parking lot with substantial on-site parking capacity and exposure to a state highway. The offering combines an operating bar layout, supporting recreational areas, kitchen infrastructure, and the underlying real estate in Springfield, MN.

Key Highlights

  • Real estate sale includes owned fixtures and kitchen equipment
  • Large bar and dining area
  • Pool and dart areas included

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office (Bike/Boat/Book/etc) Store Pharmacy Law Firm

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 74% Dining 22% Hotels & Casinos 4%
Dollar General Shops & Services
3,964 visits/mo 0.2 miles
SUBWAY Dining
1,899 visits/mo 0.4 miles
Cenex Shops & Services
1,762 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
710 visits/mo 0.4 miles
Microtel Inn & Suites by Wyndham Springfield Hotels & Casinos
319 visits/mo 0.1 miles

Demographics for 56087, MN

3,026
Population
1,442
Households
2.1
Avg Household Size
46
Median Age
24%
College-Educated
92%
High-School Grad
146.1 sq mi
ZIP Area
21
Density / Sq Mi
$64,566
Median Household Income
$45,417
Median Earnings
$777
Median Rent
$139,900
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

  • Springfield American Legion 5 N O'Connell Ave, Springfield, MN 56087

Frequently Asked Questions

What type of property is this?
Bar & Pub - Bar and dining premises with kitchen equipment, recreation areas, and on-site parking improvements.
Where is this bar & pub located?
The property is located at 404 N Washington Ave Springfield, MN.
What are key features of this property?
This property features: Real estate sale includes owned fixtures and kitchen equipment; Large bar and dining area; Pool and dart areas included
(507) 829-6859 Call to check price and availability
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