Skip To Content

145 W Franklin Street

Wells, MN 56097
  • $110,000
  • STATUS: Active
  • ON SITE: 333 Days
  • ID#: 6491363
UPDATED: 51 min ago
$110,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,346
    SQFT
  • $10
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1949
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of LandProz Real Estate, LLC.

Description

Welcome to this well-maintained and high-quality commercial building in downtown Wells, MN, just a stone's throw away from the historic Depot Museum. Formerly operated as the American Legion, this property offers a fantastic opportunity for ownership and operation as a tavern, restaurant, or versatile meeting and event center. The sale includes most owned equipment, making it a turnkey investment. Spanning over 11,000 square feet, this property boasts an impressive finished space, including a basement area perfect for meetings and events, complete with a commercial kitchen. Recent upgrades such as a main floor kitchenette with exhaust system, HVAC, circuit breaker boxes, ELEVATOR, flooring, and ceiling tiles enhance the overall appeal of the building. With utilities averaging around $4,300 per year, this property presents a lucrative investment opportunity. Liquor and gamble license today could be negotiated. Don't Miss out today!

Monthly Payment Calculator



IDX data © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Smith Team - Keller Williams Premier Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Smith Team - Keller Williams Premier Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Smith Team - Keller Williams Premier Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2025-01-19T20:21:51.703.

Click here for Digital Millennium Copyright Act
www.twincitieshomeinfo.com/homes/147771431
Print Image

145 W Franklin Street Wells, MN 56097

  • Price: $110,000
  • Status: Active
  • On Site: 333 Days
  • Updated: 51 min ago
  • ID#: 6491363
0
Beds
0
Baths
0
½ Baths
0.2
Acres
11,346
SQFT
$10
$/SQFT
1949
Built
Neighborhood:
Village/Wells
County:
Faribault
School District:
2134 - United South Central
Property Description
Welcome to this well-maintained and high-quality commercial building in downtown Wells, MN, just a stone's throw away from the historic Depot Museum. Formerly operated as the American Legion, this property offers a fantastic opportunity for ownership and operation as a tavern, restaurant, or versatile meeting and event center. The sale includes most owned equipment, making it a turnkey investment. Spanning over 11,000 square feet, this property boasts an impressive finished space, including a basement area perfect for meetings and events, complete with a commercial kitchen. Recent upgrades such as a main floor kitchenette with exhaust system, HVAC, circuit breaker boxes, ELEVATOR, flooring, and ceiling tiles enhance the overall appeal of the building. With utilities averaging around $4,300 per year, this property presents a lucrative investment opportunity. Liquor and gamble license today could be negotiated. Don't Miss out today!
Exterior Features

Construction Materials Brick/Stone Foundation Area 5146 Foundation Dimensions 70X112 Garage Dimensions 0 Garage Door Height 0 Garage Door Width 0 Garage Square Feet 0 Levels One Lot Size Dimensions 69x132 Parking Features GravelOn-Street Parking Only Parking Open 30 Road Frontage Type City StreetPaved Streets Roof Rubber Topography Level

Interior Features

Amenities Unit Ceiling Fan(s) Appliances Exhaust Fan Basement BlockFull Cooling Central Air Heating Forced Air Refrigerator Num Three

Property Features

Accessibility Features Doors 36"+Accessible Elevator InstalledHallways 42"+ Additional Parcels YN No Assessment Pending No Contingency None Current Use Event SpaceRestaurantBar/Tavern Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Inclusions BuildingFixture/EquipmentOther Land Lease YN No Lender Owned No Owner Pays Cable TVElectricityFuelInsuranceJanitorial ServiceGrounds CareRepairsSnow RemovalTaxesTrash Collection Postal City Wells Potential Short Sale No Property Sub Type Business Rental License YN No Road Responsibility Public Maintained Road Sewer City Sewer - In Street Tax Annual Amount 1258 Tax With Assessments 1258.0000 Tax Year 2023 Utilities None Water Source City Water/Connected Zoning Description Business/CommercialOther

NorthstarMLS] logo © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of LandProz Real Estate, LLC: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Smith Team - Keller Williams Premier Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Smith Team - Keller Williams Premier Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Smith Team - Keller Williams Premier Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2025-01-19T20:21:51.703.

Click here for Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/northstar/1280_boomver_2_6491363-2.jpg https://bt-photos.global.ssl.fastly.net/northstar/1280_boomver_2_6491363-2.jpg https://bt-photos.global.ssl.fastly.net/northstar/1280_boomver_2_6491363-2.jpg
Logo
The Smith Team - Keller Williams Premier Realty
3555 Willow Lake Blvd #100
Vadnais Heights MN, 55110
NorthstarMLS] logo Listing courtesy of LandProz Real Estate, LLC.