114 10th St S - Restaurant FOR SALE


Cleveland, MN 56017
$375,000 USD
507-381-0808
114 10th St S, Cleveland, MN for Sale
$375,000 USD
Restaurant - FOR SALE
1/23
null | Request Cap Rate

114 10th St S
Cleveland, MN 56017


HIGHLIGHTS

  • Thriving community restaurant, bar & grill!
  • Turn Key Restaurant with Apartment Rental above!

OVERVIEW

Great business opportunity! This property is successfully running as Kokomo's Bar & Grill and has a good following of clients with a huge draw from all the local lakes. It is located on the corner of State Hwy 99 and 10th Street in Cleveland with high visibility along with ample parking. This is a turn key business ready for a new owner with it's full bar, outside seating deck area, spacious dining area, along with banquet room. With the oversized fully equipped kitchen, it is ready for serving the bar, dining, banquets or catering. For additional income , there is a 2 bedroom, 1 bath apartment located upstairs . Don't miss out on the great business opportunity.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

Commercial

APN/PARCEL ID

15.500.0270

ASK ABOUT THIS PROPERTY

Richard DraheimWeichert Realtors Community GroupMore Info
507-381-0808

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Richard DraheimWeichert Realtors Community GroupMore Info
507-381-0808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.