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    950 2nd Street NW

    Aitkin, MN 56431
    • $2,500,000
    • STATUS: Active
    • ON SITE: 242 days
    • ID#: 5656344
    UPDATED: 45 min ago
    $2,500,000
    • 0
      BEDS
    • 4.96
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 36,328
      SQFT
    • $69
      $/SQFT
    Type:
    Commercial
    Built:
    1992
    County:
    Area:

    School Ratings & Info

    School District:
    Listing courtesy of Wits Realty.

    Description

    Now is the ideal time to invest for the future! The 40 Club Inn, Banquet Center & Restaurant is an ideal central MN hotel and event center opportunity off major US/MN HWY intersection! 39 rooms, 2400 sq ft indoor pool area, 10,000+ sq ft event center w/ 6,000 sq ft of divisible event space. Full commercial kitchen. Additionally, the 40 Club Restaurant/Bar is always hopping and an absolute town favorite. Three successful businesses in one package. Don't miss this opportunity to own a true gem of hospitality in Central Minnesota. Additional 9.53 acre parcel to the North can be purchased as well for further development! Buyer and buyer's agent to verify all measurements and information. Financial performance data can be provided upon request.

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    IDX data © 2021 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 Tony Farah | Coldwell Banker Real Estate Services 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. Tony Farah | Coldwell Banker Real Estate Services is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Tony Farah | Coldwell Banker Real Estate Services, 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 2021-05-12T20:07:40.35.

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    950 2nd Street NW Aitkin, MN 56431

    • Price: $2,500,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: 5656344
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.96
    Acres
    36,328
    SQFT
    $69
    $/SQFT
    1992
    Built
    County:
    Aitkin
    Area:
    Aitkin
    School District:
    8001 - Aitkin
    Property Description
    Now is the ideal time to invest for the future! The 40 Club Inn, Banquet Center & Restaurant is an ideal central MN hotel and event center opportunity off major US/MN HWY intersection! 39 rooms, 2400 sq ft indoor pool area, 10,000+ sq ft event center w/ 6,000 sq ft of divisible event space. Full commercial kitchen. Additionally, the 40 Club Restaurant/Bar is always hopping and an absolute town favorite. Three successful businesses in one package. Don't miss this opportunity to own a true gem of hospitality in Central Minnesota. Additional 9.53 acre parcel to the North can be purchased as well for further development! Buyer and buyer's agent to verify all measurements and information. Financial performance data can be provided upon request.
    Exterior Features

    Construction Materials Aluminum SidingSteel Siding Foundation Area 32340 Lot Size Dimensions 50X150 Parking Features OpenGravelPaved Parking Open 60 Waterfront YN No

    Interior Features

    Heating Forced Air

    Property Features

    Accessibility Features Other Additional Parcels YN No Contingency None Current Use RestaurantBar/TavernHotel/MotelResortCommercialEvent Space Foreclosure Status No Fuel ElectricNatural Gas Inclusions BusinessBusiness AssetsBuildingLandInventoryFixture/Equipment Lender Owned No Postal City Aitkin Potential Short Sale No Property Sub Type Business School District Number 8001 Sewer City Sewer/Connected Tax Annual Amount 10366 Tax With Assessments 10366.00 Tax Year 2020 Utilities Heating CommonElectric Common Water Source City Water/Connected Zoning Description Business/Commercial

    © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
    Listing courtesy of Wits Realty. 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 © 2021 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 Tony Farah | Coldwell Banker Real Estate Services 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. Tony Farah | Coldwell Banker Real Estate Services is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Tony Farah | Coldwell Banker Real Estate Services, 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 2021-05-12T20:07:40.35.

    Click here for Digital Millennium Copyright Act
     
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    Tony Farah | Coldwell Banker Real Estate Services
    4100 Berkshire Lane N
    Plymouth MN, 55446
    Listing courtesy of Wits Realty.