102 Highway 2 Floodwood, MN $ 550,000
102 Highway 2
$ 550,000
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102 Highway 2

Floodwood, MN, 55736
$ 550,000
Bedrooms-- Baths0.0 Sq 8,425

Monthly Estimate*

$ 3,431

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Commercial Property for sale in Floodwood, MN

for $550,000. This 8,425 square foot building was built in 2005 on a lot size of 0.58 Acre(s).

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.

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Commercial Pending

Price

$ 550,000

Property Type

Commercial

Taxes

$ 18,346

Lot Size

0.58 Acre(s)

Year Built

2005

Town/City

Floodwood

County/Region

Saint Louis

MLS | Web ID

6221437

Features
Interior
Basement Basement Block Finished Full Basement Storage Walk-Out
Cooling System Central Air
Heating System Forced Air
Sewer City Sewer
Water Source City Water
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Exterior
Construction Brick/Stone
Lot Description Irregular Lot
Parking 41-60 Open Parking Spaces Paved
Road Frontage Highway Public Maintained Road
Roof Metal
Siding Log Exterior Wood Exterior
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Miscellaneous
Accessibility Ramp
Commercial Inventory Included Sale Includes Building Sale Includes Business Sale Includes Fixture/Equip Sale Includes Land
Other Liquor License
Utilities Cable Internet Available Internet Fiber Optic Satellite Internet
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

David@Meyerpg.com

Email

Affordability Calculator

$4,960
Per Month
69%
31%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$1,529
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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THE TIME TO SELL IS NOW!
Nearby
Floodwood School District

Map


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102 Highway 2 , Floodwood, MN, 55736 is a Commercial Property for sale at $550,000 with 8,425 sqft and a lot size of 0.58 Acre(s). 102 Highway 2 has 0.0 baths and was built in 2005. The property's zip code is 55736 which is in Floodwood, MN