116 Main Street
Plato, MN 55370
MLS #4853867

Commercial
  • 0.826acres
$335,900
Est. P&I payment: $1282.91/mo
116 Main Street, Plato, MN 55370
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Description for 116 Main Street, Plato, MN 55370
Classic, longtime est. bar in Plato - Lulu's Lounge w/solid customer base. Current owners for 9 years. No commercial kitchen. Located in Plato on a scenic drive 60 min W. of Twin Cities Metro area on Hwy 212. Newly developed, huge outdoor party space with brand new palapa (tiki hut). Large block out-building for developing into party/event space. Attached to back of the bar is separate full 2-bdrm, 1 Bth owner-apt. (or rental unit). Owners are retiring.
MLS #4853867
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My Notes for MLS #4853867

General Features

  • Acres: 0.826
  • Current Use: Tavern/Lounge,​Commercial
  • Foreclosure Status: No
  • Year Built: 1910
  • Sale Includes: Business,​Building,​Land,​Inventory,​Fixture/Equipment,​Leases
  • Total Number of Units: 2
  • Status: Active

Exterior Features

  • Exterior: Brick/Stone
  • Parking Characteristics: On-Street Parking Only
  • Road Frontage: Township,​Paved Streets,​Curbs,​Sidewalks
  • Lot Dimensions: 144 x 25

Interior Features

  • Building Finished Square: 2,240
  • Handicap Accessible: Other
  • Roof: Pitched
  • Number of 2 Bedroom Unit: 1

Utilities Features

  • Appliances: Range,​Refrigerator,​Washer,​Dryer
  • Air Conditioning: Central
  • Heating: Forced Air
  • Fuel: Natural Gas
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected

Financial Features

  • Tax Amount: 2,070
  • Tax With Assessments: 2,090
  • Tax Year: 2017

Community Features

  • County: Mcleod
  • Municipality: Plato
  • Postal City: Plato (MN)

School Features

  • School District: 2859 - Glencoe-Silver Lake
  • School District Phone: 320-864-2498

Misc Features

  • Foundation Size: 2,240
  • Zoning: Business/Commercial
  • Lender Owned: No
  • Potential Short Sale: No

Location

 
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Directions to 116 Main Street, Plato, MN 55370
Hwy 212 West to North on Cnty Rd 9, East on Main St, 1 1/2 blocks on left
The listing information for 116 Main Street, Plato, MN 55370 was graciously provided by our friends at the listing brokerage, RE/MAX Results

Get Financing for 116 Main Street, Plato, MN 55370

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $1282.91
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Last Updated 11/19/2017 at 2:50pm
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