318 Main Street Brooks, MN ^$ 379,000

318 Main Street

^$ 379,000

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318 Main Street

Brooks, MN, 56715

^$ 379,000

Studio Baths0.0 Sq 2,820

Monthly Estimate*

^$ 2,647

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Studio

Commercial Property for sale in Brooks, MN

for $379,000. This 2,820 square foot building was built in 1948 on a lot size of 0.37.

Here is you chance to own your own business. Well maintained established bar/lounge. New outdoor patio with full bar added along with many updates. Comes with all equipment and inventory.

Commercial Active

Price

^$ 379,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 944

Style

Lot Size

0.37

Year Built

1948

Town/City

Brooks

County/Region

Red Lake

MLS | Web ID

6439205

Features

General

Sewer Private Sewer

Heating Baseboard Forced Air

Cooling Central Air

Utilities Electric Common

Appliances Cooktop Dishwasher Electric Water Heater Exhaust Fan Freezer Fuel Tank - Rented Indoor Grill Refrigerator Stainless Steel Appliances

Garage Spaces 0

Construction Materials Aluminum Siding Metal Siding Other Wood Siding

Year Built 1948

Property SubType Other

Tax Year 2023

Current Use Commercial Food Service Other Restaurant Bar/Tavern

Accessibility None

County Red Lake

Property Type Commercial Sale

Contingency None

Directions West on block off Hwy 59 sign will be visible.

City Brooks

Buyer Agent Compensation 2.70

High School District Red Lake Central

Zoning Description Business/Commercial

Total Units 1

Street Name Main

Land Lease Y/N N

Tax Annual Amount 944

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features On-Street Parking Only

Water Source Well

Inclusions Building Business Fixture/Equipment Inventory Land

Lot Size Area 0.37

Building Area Total 2820

Lot Dimensions Road

Lot Size Units Acres

Foundation Area 2820

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Interior

Basement (Y/N) N

Street Suffix Street

Fuel Propane

Internal Only

Street Number 1 318

* Excluded Features

List By

Juve Real Estate

Broker

juvetnwc@gmail.com

Affordability Calculator

$2,726

Per Month

Monthly Principal & Interest: $2,647
Monthly Property Taxes: $79
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Brooks, MN

Average List Price ^$379,000

Percent of Sale Price 0%

About Brooks, MN

137 Population

-2% Since 2002

^$41,204 Median Income

42.23 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3226813 Elementary School

3226821 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
9/26/2023	$379,000		Listed Price

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318 Main Street, Brooks, MN, 56715 is a Commercial Property for sale at $379,000 with 2,820 sqft and a lot size of 0.37. 318 Main Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 56715 which is in Brooks, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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318 Main Street

Commercial Property for sale in Brooks, MN

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