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    FOR SALE
    Bars & Pubs

    236 E Maine St, Amboy, MN 56010

    2,622 SF 0.15 ac lot Built 1974
    Individually Owned 15-yr Hold Free & Clear
    Property ID
    US46-1930086
    Property summary
    AI-generated overview

    This thriving restaurant and bar, located at 236 E Maine Street in Amboy, Minnesota, presents a unique investment opportunity. Boasting 2,622 square feet on a 0.15-acre lot, this well-established business enjoys a prime downtown location. Its convenient proximity to Mankato (30 minutes south) and Interstate 90 (20 minutes north via Highway 169) ensures consistent customer traffic throughout the year. Linda's Place benefits from a strong reputation for its delicious, homemade food and welcoming atmosphere. The business model includes a full-service restaurant and bar, complemented by an off-sale liquor store—the only one in Amboy. The establishment's strategic location near local snowmobile trails drives significant winter business, while a newly paved rear area provides ample outdoor seating during warmer months. The spacious basement offers additional event hosting capabilities, and the adjacent Snowbirds Event Center provides further synergistic opportunities. The fully equipped kitchen supports the restaurant's operations and allows for catering services and private party hosting. This turnkey operation is priced at $180,000 and represents a compelling opportunity for a new owner to capitalize on an existing successful business with significant growth potential.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1974
    Total area 2,622 SF
    Lot 0.15 ac (6,600 SF)
    APN R11.22.23.206.011
    UPID US46-1930086
    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
    Current use
    Occupant on record · Public records
    • Linda's Place Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Linda Busse · 15 yrs held
    Linda Busse
    since 2011
    1 recorded transaction
    2011
    $110,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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