145 Franklin St Wells, MN 56097

This exceptional 11,346 square foot commercial building, located at 145 W Franklin Street in downtown Wells, Minnesota, presents a unique investment opportunity. Situated on a 0.2-acre lot, this property is conveniently located near the historic Depot Museum, offering high visibility and accessibility. Previously used as the American Legion, the building is ideally suited for a variety of uses, including a tavern, restaurant, or event center. The expansive interior includes a fully finished basement area, perfect for meetings, events, or additional storage. A significant advantage is the inclusion of most owned equipment in the sale, making this a truly turnkey operation. The building boasts a recently upgraded commercial kitchen, a main floor kitchenette with an exhaust system, updated HVAC, new circuit breaker boxes, a functioning elevator, and fresh flooring and ceiling tiles throughout. Annual utility costs average approximately $4,300. The sale may include the negotiation of existing liquor and gambling licenses. This property offers a rare blend of size, location, and recent upgrades, making it an attractive investment with significant potential for return.