Floodwood, MN 55736,102 Highway 2 E
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Floodwood, MN 55736,102 Highway 2 E
Floodwood, MN 55736,102 Highway 2 E
Floodwood, MN 55736,102 Highway 2 E
Floodwood, MN 55736,102 Highway 2 E

$443,500

Est. payment /mo

$550,000

19.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

102 Highway 2 E Floodwood, MN 55736

0.58 Acres Lot

SOLD DATE : 05/31/2023

Key Details

Sold Price $443,500

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision Savanna Add To Floodwood

MLS Listing ID 6221437

Sold Date 05/31/23

Year Built 2005

Annual Tax Amount $18,346

Tax Year 2022

Contingent None

Lot Size 0.580 Acres

Acres 0.58

Lot Dimensions 325x199x253

Property Description

Welcome to Savanna Portage Bar, Restaurant & Event Venue. This awesome staple in the Floodwood business community would be a great investment for anyone looking to be their own boss. Profitable business with well-established clientele. 50 Seat bar area, 24x20 outdoor deck area seats 24, 72 seat dining area and a second bar/venue in lower level that seats 100 and opens up to the E side of property with sand volleyball court. Clients love the "Up North" feel, the welcoming environment and the establishment is centrally located between Duluth, Grand Rapids, Hibbing & McGregor. With all of the extra space, it is an excellent meeting place for business gatherings, weddings, celebrations of life, birthdays, retirement parties, etc... See supplements for all of the updates to the mechanicals of the building and business (too many to list here). Beautiful log siding/metal roof and overall atmosphere. Don't miss this once in a lifetime opportunity.

Location

State MN

County St. Louis

Zoning Business/Commercial

Rooms

Basement Block, Finished, Full, Owner Access, Storage Space, Walkout

Kitchen Cookware/Utensils, Prep Station, Refrigerator, Shelving and Racks, Walk-In Cooler/Freezer, Warming Table, Dishwasher, Flat Top, Freezer, Fryer, Grill, Ice Machine, Oven

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Garage Paved

Utilities Available None

Roof Type Metal

Present Use Restaurant

Building

Lot Description Irregular Lot

Story One

Foundation 4392

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Brick/Stone,Log Siding,Wood Siding

Schools

School District Floodwood

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Listed by David Meyer • RE/MAX Advantage Plus

Amber Hartman

Advisor | License ID: 40446698

+1(612) 701-0209

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