124 1st Avenue W Shakopee, MN $ 1,000,000
124 1st Avenue W
$ 1,000,000
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124 1st Avenue W

Shakopee, MN, 55379
$ 1,000,000
Bedrooms-- Baths-- Sq 3,927

Monthly Estimate*

$ 6,907

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Commercial Property for sale in Shakopee, MN

for $1,000,000. This 3,927 square foot building was built in 1900 on a lot size of 0.34.

Well known, well established downtown Shakopee bar since 1947. Strong customer base and great reputation. Same owner since 1988. Almost 4,000 sf with outdoor patio and ownership of large parking lot. Custom mahogany bar, classic woodwork and yesterday charm. Tons of space for pool, dart, poker leagues and game day promotions. Partial basement with walk in coolers, newer roof 2020, rooftop HVAC 2021, windows 2020, patio 2021. Second bar available, currently for special gatherings and private parties. Located steps to the river and near attractions such as ValleyFair, the new Mystic Ampitheater, Canterbury Downs. Great opportunity to continue this historical bar or create your new presence. Purchase includes building, land, equipment and business.

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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 8,559

Style

Lot Size

0.34

Year Built

1900

Town/City

Shakopee

County/Region

Scott

MLS | Web ID

7140624

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate
Roof Age 8 Years or Less Flat
Garage Spaces 0
Year Built 1900
Levels One
Tax Year 2026
Current Use Bar/Tavern
Accessibility Other
Additional Parcels Description 270011550
County Scott
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name City Of Shakopee
Possible Use Office Other Professional Service Rest/Lounge Restaurant Retail Diversified Lounge/Bar
Directions Downtown Shakopee. 101 to 1st Ave East go west to end of 1st Ave West
City Shakopee
High School District Shakopee
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 8559
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
Amenities Unit Natural Woodwork Patio
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Interior
Basement Block Other Partial
Basement (Y/N) Y
Fuel Electric Natural Gas
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building Business Assets Business Fixture/Equipment Land Liquor License
Lot Size Area 0.34
Building Area Total 3927
Lot Dimensions 60 x 142 Building 31 x 27 x 89 x 44 x 120 x 71 Parking lot
Waterfront Y/N N
Foundation Area 3927
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 124
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* Excluded Features
List By
Coldwell Banker Realty - Southwest Regional

Broker

chris@chrisajohnson.com

Email

Affordability Calculator

$7,620
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,907
Monthly Property Taxes
$713
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
709023 Elementary School
708534 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2026$1,000,000 Listed Price

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124 1st Avenue W, Shakopee, MN, 55379 is a Commercial Property for sale at $1,000,000 with 3,927 sqft and a lot size of 0.34. 124 1st Avenue W was built in 1900. The property's zip code is 55379 which is in Shakopee, MN