12 Alder Road Babbitt, MN $ 499,000
12 Alder Road
$ 499,000
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12 Alder Road

Babbitt, MN, 55706
$ 499,000
Baths0.0 Sq 7,694

Monthly Estimate*

$ 3,486

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Studio

Commercial Property for sale in Babbitt, MN

for $499,000. This 7,694 square foot building was built in 1958 on a lot size of 1.21.

Welcome to FISH TALES! Situated in the beautiful Northeastern Minnesota, we have been a staple of the area. This establishment and its 7694 sq ft of space has something for everyone; whether you are looking for a place to enjoy a delicious dinner with friends or family, or simply want to kick back and enjoy some drinks after work, you'll find it here. There is also boast an extensive off-sale beer, wine and liquor selection - just what you need to get your weekend party started! And if you're feeling extra festive, our facility can host events up to 300 people - perfect for special occasions. Plus Babbitt's RV and Campground is close by on Birch Lake. The best part? You can now own all of this! You can take over the reins and enjoy the blue sky potential that comes with it. We invite you to come see for yourself why FISH TALES i such a popular place in NE Minnesota. Some other perks include: an additional walk in keg cooler provides abundant room for multiple kegs to service bar or s

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,332

Style

Business

Lot Size

1.21

Year Built

1958

Town/City

Babbitt

County/Region

Saint Louis

MLS | Web ID

6350192

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common
Roof Metal
Appliances Dishwasher Exhaust Fan Freezer Refrigerator Stainless Steel Appliances
Garage Spaces 0
Construction Materials Metal Siding
Year Built 1958
Levels One
Property SubType Business
Tax Year 2023
Current Use Restaurant Bar/Tavern
Accessibility None
County St. Louis
Property Type Commercial Sale
Contingency None
Subdivision Name Babbitt Lands In The City
Directions Babbitt Rd to Central Blvd turn left. To Alder Rd (stop sign) turn left. Property on left about 1/4 block
City Babbitt
Buyer Agent Compensation 2.50
High School District St. Louis County
Zoning Description Business/Commercial
Total Units 4
Street Name Alder
Land Lease Y/N N
Tax Annual Amount 4332
Additional Parcels Y/N N
Virtual Tour https://www.tourfactory.com/idxr3067389
Days on Market 302
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement None
Basement (Y/N) N
Street Suffix Road
Ceiling Height 8-10
Fuel Propane
Garage Dimensions None
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building Fixture/Equipment
Lot Size Area 1.21
Building Area Total 7694
Lot Dimensions 276x183
Lot Size Units Acres
Foundation Area 7694
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 12
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* Excluded Features
List By
Z'up North Realty, Inc.

Broker

andrea@zupnorth.com

Email

Affordability Calculator

$3,847
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,486
Monthly Property Taxes
$361
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708317 Elementary School
708533 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/13/2023$499,000 -4.95% Price Down
4/3/2023$525,000 Listed Price

Map


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12 Alder Road, Babbitt, MN, 55706 is a Commercial Property for sale at $499,000 with 7,694 sqft and a lot size of 1.21. 12 Alder Road is a studio with 0.0 baths and was built in 1958. The property's zip code is 55706 which is in Babbitt, MN