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$314,000

0 Beds 5 Baths 0 SQFT 0.12 Acres
Type: Commercial

134 William Street W
Albert Lea, MN 56007

MLS#: 7002308
Jake Edel
Jake Edel
The Real Estate Advantage
Real Estate Professional
Phone: 507.321.0450
Office: 952.898.5800
Presented by: Century 21 Atwood

Property Description

 

Well established & profitable tavern business opportunity located in excellent downtown location. Two large gaming rooms. Recently replaced bar cabinets and shelving. Indoor grill plate and fryers for burgers and fries. Bar area seating for 40 plus people as well as the two large gaming rooms seating and outdoor patio area. Five upper level apartments add to your income opportunities. A must see establishment to see and appreciate the amenities and equipment that have helped make this tavern/ lounge a true community fixture.

 

Interior Features

Bedrooms

Total Bedrooms0

Bathrooms

Total Baths5

Other Interior Features

BasementFull, Unfinished
Basement (Y/N)Yes
FuelNatural Gas
Garage Square Feet0

General

AccessibilityNone
Additional Parcels Description340030030, 340030020
Additional Parcels Y/NYes
AppliancesIndoor Grill, Microwave, Refrigerator
CityAlbert Lea
ContingencyNone
CoolingCentral Air, Ductless Mini-Split
CountyFreeborn
Current UseResidential, Bar/Tavern
DirectionsFrom intersection of Main Street and Broadway Avenue Albert Lea, north on Broadway one block to William Street W. Left on William Street W to 134 W William St W on right side of street.
Garage Spaces0
HeatingBoiler, Ductless Mini-Split, Hot Water
High School DistrictAlbert Lea
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total5
OwnerPaysAll Utilities
Possible UseLounge/Bar
PostalCityAlbert Lea
Property TypeCommercial Sale
RoofAge 8 Years or Less, Rubber
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount$3,748
Tax Year2025
Tenant PaysNone
UtilitiesElectric Common, Heating Common, Hot Water Common
Year Built1913
Zoning DescriptionBusiness/Commercial, Residential-Multi-Family

Exterior

Foundation Area1,336 sqft
InclusionsBuilding, Business Assets, Business, Fixture/Equipment, Leases, Liquor License
Lot Dimensions81.5 x 100
Lot Size Area0 sqft
Parking FeaturesOn-Street Parking Only
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$314,000

0 Beds 5 Baths 0 SQFT 0.12 Acres
Type: Commercial

134 William Street W
Albert Lea, MN 56007

MLS#: 7002308
Jake Edel
Jake Edel
The Real Estate Advantage
Real Estate Professional
Phone: 507.321.0450
Office: 952.898.5800

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