320 3Rd StWinsted, MN 55395

Property Details for 320 3Rd St

Year built

1900

Property size (Sq ft)

15,413 SF

Property type

Commercial real estate

APN

21.011.0100

APU

210110100

Description

This exceptional turnkey opportunity encompasses a thriving restaurant, bar, event center, and liquor store, all situated on a 1.33-acre lot in Winsted, Minnesota. The 15,880-square-foot building, constructed in 1955, offers ample space for diverse operations. The current business boasts a varied menu including sandwiches, wraps, soups, salads, burgers, baskets, and steak, pasta, and walleye entrees. Existing licenses include on- and off-sale liquor permits, gaming, food service, and catering capabilities. The property enjoys a prime location just blocks from Winsted Lake and a convenient one-hour drive west of the Twin Cities. Operating hours are 10 am to 10 pm Monday through Thursday, 10 am to 1 am Friday and Saturday, and 11 am to 10 pm on Sunday. This established business presents a unique chance to continue successful operations, expand event offerings, and introduce innovative menu items. The asking price is $750,000, and a contract for deed may be considered for qualified buyers. This is an owner/user investment opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $2,969,991

  Hospitality

  $2,720,496

  Educational

  $2,263,421

  Medical

  $2,341,263

  Retail

  $3,520,877

Location Insight

City

Winsted

County

Mcleod

State

Minnesota

Latitude

44.9609

Longitude

-94.0502

CBSA code

26780

CBSA name

HUTCHINSON, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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