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    FOR SALE
    Bars & Pubs

    145 S Broadway St, Spring Valley, MN 55975

    2,166 SF Built 1880
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US46-2742958
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 145 S Broadway Street in Spring Valley, Minnesota, presents a compelling investment opportunity. The building encompasses a substantial 3,500 square feet and is ideally situated in the heart of downtown. The commercial space is currently configured as a tavern, complete with a walk-in cooler, two bathrooms, and a recently installed forced air furnace. The interior of the bar area features attractive exposed brick walls, adding to its character and potential. Above the commercial space is a residential apartment, offering additional income potential. This apartment comprises three bedrooms and one bathroom. The property is listed at $125,000 and offers a unique blend of commercial and residential uses, making it an attractive prospect for investors seeking a versatile and established downtown location in Spring Valley, MN (zip code 55975). The property's central location within Fillmore County provides easy access to local amenities and services. This is a rare opportunity to acquire a well-maintained mixed-use building with significant upside potential. The existing tavern setup provides a solid foundation for continued operation or potential redevelopment. The residential apartment offers a stable rental income stream, further enhancing the overall return on investment.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1880
    Total area 2,166 SF
    APN 36.0295.000
    UPID US46-2742958
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Building For Investments LLC · 8 yrs held
    Building For Investments LLC
    since 2017
    2 recorded transactions
    2024
    2017
    $144,848
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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