$443,500
$550,000
19.4%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
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
Read Less
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