For Sale: Ceylon MLS# 6766929
Active
NEW!
$167,900
Commercial: Business Opportunity
Built 1920
0.22 acres
Fairmont Area schools
MLS# 6766929
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Property Description
Turn-key opportunity! Business and building! Lake Belt Bar & Grill in Ceylon, MN profitable business with consistent customer base. Great location for southern MN and northern IA.
Kitchen: All equipment for running an all-star grill, including a broaster, with tons of room for frozen, refrigerated, and dry storage.
Bar: 60 seats with room to add more. Multiple TVs. Beer cooler has plenty of room for kegs to fill 6 tap lines, plus space to stock off sale.
Pool room: storage, TV, dart board, and space to expand. An arcade could be a huge hit.
Event room: perfect for large groups-seating up to 144. Parties, weddings, bands, puzzle races, etc have been hosted in the hall. Planned events, with waiting lists, will continue through the end of the year.
No basement; all coolers, food, and beer storage are on the main floor.
Second floor above the bar area for extra storage or possible apartment.
All inventory and fixtures convey with property.
The camera system upgraded 2024.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$167,900
Property Type:
Commercial
City:
Ceylon
Garage Spaces:
0
County:
Martin
Year Built:
1920
State:
MN
Property Style:
Business Opportunity
Zip Code:
56121
Subdivision Name:
Ceylon
Interior
Ceiling Height:
Varied Heights
Ranges:
One
Refrigerators:
Five
Appliances Included:
- Cooktop
- Disposal
- Electric Water Heater
- Exhaust Fan
- Freezer
- Fuel Tank - Rented
- Indoor Grill
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Water Softener Rented
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Garage Dimensions:
0
Other Parking Spaces:
50
Air Conditioning:
Central Air
Foundation Size:
8,550 ft2
Handicap Accessible:
Doors 36"+, Grab Bars In Bathroom, Hallways 42"+, No Stairs External, No Stairs Internal, Partially Wheelchair, Wheelchair Ramp(s)
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Unit Amenities:
- Ceiling Fan(s)
- Satelite Dish
- Security System
Road Frontage:
- City Street
- County Road
- Curbs
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Steel Siding
Roof Details:
- Age Over 8 Years
- Metal
Lot & Land
Acres:
0.22
Geolocation:
43.533399, -94.631343
Inclusions:
Building, Fixture/Equipment, Inventory
Lot Dimensions:
75 x 130
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
2752
District Phone:
507-238-4234
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,703
Lender-owned:
Not disclosed
Assessment Pending:
Unknown
Taxes w/ Assessments:
$1,772
Units
Total Units:
1
Miscellaneous
Current Use:
- Bar/Tavern
- Event Space
- Food Service
- Restaurant
Fuel System:
Propane
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Separate
Water System:
City Water/Connected
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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.
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Listing provided by RMLS,
courtesy of EXIT Realty - Great Plains.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.