145 Franklin St Wells, MN 56097
- Bars
- 11,346 SF
- 0.20 lot acres
Current Use by Public Records
- Bars
Property Details for 145 Franklin St
- Year built
- 1949
- Lot size
- 0.20 lot acres
- Property size
- 11,346 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 302000060
Description
This exceptional commercial property, located at 145 W Franklin St in Wells, Minnesota, presents a unique investment opportunity. The 11,346 square foot building, constructed in 1949, sits on a 0.2-acre lot and is zoned for Business/Commercial use. Previously operating as the American Legion, this single-story structure offers immense potential for a variety of uses, including a restaurant, bar, or event center. The asking price is $110,000, translating to $13 per square foot. The sale includes most of the existing equipment, making this a truly turnkey operation. Conveniently located in the heart of downtown Wells, this property is just a short distance from the historic Depot Museum, ensuring high visibility and accessibility. The property's spacious layout, combined with its prime location and included equipment, makes it an ideal investment for entrepreneurs seeking a well-established business or a blank canvas for a new venture. The property's APN is 302000060. This is a rare opportunity to acquire a substantial commercial property in a thriving Minnesota community. Don't miss out on this chance to own a piece of Wells' history and future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wells
- County
- Faribault
- State
- Minnesota
- Longitude
- -93.7276075
- Latitude
- 43.7453951
