124 Vernon Avenue is a $190,000 home located in Morgan, MN.
Bar/Restaurant Opportunity: The City and Country Tavern building in Morgan, MN (population 860) is for sale. The property includes a Bar/Restaurant/Banquet Hall/Kitchen that are turn key. All the equipment necessary to operate the business is included in this sale. You could be open for business immediately! Banquet Hall has seating for up to 240 people, and patio seating is also available. Building, furniture, fixtures and equipment are included. Catering and bartending possibilities at historical Gilfillan’s Estate for weddings almost every weekend during season. Just 5 miles away is the Dacotah Ridge Golf Course, ranked in the top 10 Minnesota courses and designed by renowned architect Rees Jones. 10 miles down the road is Jackpot Junction Casino Hotel. On the second floor of the building, there is a recently remodeled two-bedroom apartment that produces $7800 per year in revenue. Sale also includes adjacent vacant lots (Parcel ID: 86-200-1000: 120 Vernon Ave; and 86-200-0510: 118 Vernon Ave; and 86-200-0520: 116 Vernon Ave). These lots can be an outdoor recreation area for the bar/restaurant or could be built on or sold separately. Seller is willing to assist buyer with financing by carrying back a 2nd mortgage on the property.
Amenities (Commercial) - Restrooms
Sale Includes (Commercial) - Fixture/Equipment
Sale Includes (Commercial) - Building
Fuel - Natural Gas
Exterior - Brick
Road Frontage/Land Improvements - City
Sale Includes (Commercial) - Land
Family-Less Than 1/2 Acre
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cedar mountain #2754
Based on information from the REALTOR Association of Southern Minnesota, last updated 09/16/2019 at 07:07am MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.