505 Hubbard AveButterfield, MN 56120

Property Details for 505 Hubbard Ave

Year built

1900

Construction

WOOD

Lot size

0.91 AC

Property size (Sq ft)

2,940 SF

Property type

Bars

Property subtype

Pubs

APN

13.151.4950

APU

131514950

Description

This exceptional turnkey business opportunity presents a well-established bar and grill located at 505 Hubbard Avenue in Butterfield, Minnesota. Situated conveniently off Highway 60, approximately midway between the Twin Cities and Sioux Falls/Sioux City, this property enjoys a strategic location for attracting travelers and local patrons alike. Buckshots Bar and Grill boasts a diverse menu featuring delicious burgers and appetizers, catering to a wide range of tastes. Beyond its core food service, the property includes a versatile multi-event area perfectly suited for hosting banquets, parties, meetings, gaming events, reunions, and other gatherings. The comfortable, midwestern-style atmosphere fosters a welcoming environment for social gatherings and community engagement. This is a rare chance to acquire an established business with existing clientele and a proven track record. The sale price of $169,500 includes all inventory and fixtures, ensuring a seamless transition for the new owner. The property's location on a major highway offers significant visibility and accessibility, contributing to its strong potential for continued success and growth. This is an ideal opportunity for an entrepreneur seeking a profitable, established business with significant upside. The property is offered as a complete package, ready for immediate operation. No additional investment in equipment or inventory is required. This is a truly unique opportunity to own and operate a thriving business in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $711,416

  6.5%

  $656,692

  7%

  $609,785

• Comparable approach

  Method

  Valuation

  Relative Method

  $378,145

  Geo Method

  $378,145

• Alternative Use

  Use

  Valuation

  Residential

  $553,944

  Hospitality

  $507,410

  Educational

  $422,159

  Medical

  $436,678

  Retail

  $656,692

Location Insight

City

Butterfield

County

Watonwan

State

Minnesota

Latitude

43.9588

Longitude

-94.7895

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].