103 Main St Ceylon, MN 56121-4004
- Commercial real estate
- 8,550 SF
- 0.22 lot acres
Jul 18, 2022
Current Use by Public Records
- Lake Belt Bar and Grill / Bar
Property Details for 103 Main St
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.22 lot acres
- Property size
- 8,550 SF
- Property type
- Commercial real estate
- APN
- 21.060.0460
- APU
- 210600460
Description
This exceptional turnkey opportunity presents a thriving bar and grill in Ceylon, MN, ideally situated on a highway for easy access. Boasting 9,000 square feet across two buildings and two stories, this property sits on a 9,750 square foot lot with ample parking. The established business benefits from high daily traffic and a consistent customer base, making it an attractive investment. The spacious layout includes a full kitchen equipped with a broaster, a large bar area with multiple televisions, a pool room with potential for expansion (e.g., an arcade), and a sizable back room perfect for hosting various events, from weddings to concerts. A recently upgraded camera system enhances security. All inventory and fixtures are included in the sale, along with the fully staffed bar and kitchen. Financial statements are available upon request, with proof of cash or financing. The property is zoned commercial and offers significant potential for continued growth and profitability. The seller is willing to assist with a smooth transition for the new owner. This is a rare opportunity to acquire a well-established, profitable business with significant upside potential in a desirable location. The sale includes both the real estate and existing inventory.
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
- Ceylon
- County
- Martin
- State
- Minnesota
- Longitude
- -94.6313
- Latitude
- 43.5333
- CBSA code
- 21860
- CBSA name
- FAIRMONT, MN MICROPOLITAN STATISTICAL AREA