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Active NEW!
$225,000
/mo Edit
Commercial:  1 Story
Built 1993
0.4 acres
MLS# 6826298
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    Property Description

    Prime Downtown Commercial Space – Former Wine Bar Property Highlights: • Location: Corner lot in the heart of the downtown retail district – high visibility and foot traffic. • Interior: Fully remodeled in 2022 with modern finishes. • Amenities: • Service kitchen ready for food preparation • Three bathrooms for guests and staff • Includes all inventory and equipment – turnkey opportunity • Outdoor Features: • Spacious green space perfect for outdoor entertaining and events • Covered porch offering year-round usability and charm Opportunity: This property was previously operated as a wine bar, but the versatile layout makes it ideal for a variety of business concepts – restaurant, cafĆ©, brewery, event space, or boutique retail. With its prime downtown location, updated infrastructure, and included equipment, it’s ready for your vision.

    Listing

    Contingency: None
    City: Park Rapids
    County: Hubbard
    State: MN
    Property Style: 1 Story
    Zip Code: 56470
    Subdivision Name: Town Of Park Rapids

    Interior

    Ceiling Height: 8-10
    Flooring: Luxury Vinyl Plank, Tile
    Refrigerators: One
    Appliances Included:
    • Refrigerator
    • Wine Cooler
    Basement Details:
    • Storage Space
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Air Conditioning: Central Air
    Foundation Size: 2,232 ft2
    Foundation Dimensions: 140x50x140x50
    Handicap Accessible: Grab Bars In Bathroom, Wheelchair Ramp(s)
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Unit Amenities: Porch
    Road Frontage: City Street
    Exterior Material: Log
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.4
    Geolocation: 46.918842, -95.059458
    Inclusions: Building, Fixture/Equipment, Inventory
    Lot Dimensions: 17, 424
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 1384
    District Phone: 2182376500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,914
    Lender-owned: Yes
    Assessment Pending: No
    Taxes w/ Assessments: $5,914

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Event Space
    • Food Service
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected
    Power Company Name: Minnesota Power

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Patriots Choice Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.