1029 1st Avenue Gibbon, MN
$ 145,000
Property Attributes
  • ID#5721540
  • TypeCommercial
  • CountySIBLEY
  • CityGibbon
  • Zip55335
  • StyleMixed Use
  • Year Built1910
  • Taxes$ 1604
  • Price$ 145,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3092
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Edina Realty, Inc.
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

Fantastic opportunity to fulfill your dreams of owning a well established profitable BAR! Fun & Exciting events such as: Dart, Bowling and Pool leagues, Texas Hold em and Poker nights, Pull Tabs, eTabs, eBingo, year round Meat raffle, Fabulous Bloody Mary Bar, Delicious Appetizers, Pizzas, Burgers, and Sandwiches keep the Patrons coming back for more!!! Plenty of room for enjoyment inside or outside on the large deck. Owner occupy in the upper level apartment or rent out for additional income!

Price History
3/8/2021 Listed $167,000
4/6/2021 3% - $162,000
10/22/2021 11% - $145,000

General Features

Accessibility Wheelchair Ramp(s), No Stairs Internal
Additional Parcels Y/N No
Amenities Unit Deck, Kitchen Window, Ceiling Fan(s), Hardwood Floors, Tiled Floors, Washer/Dryer Hookup, Security System, City View
Appliances Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Gas Water Heater, Electronic Air Filter
Basement Walkout, Full, Drainage System, Stone/Rock
City Gibbon
Construction Materials Wood Siding, Metal Siding, Brick/Stone
Contingency None
Cooling Central Air
County Sibley
Current Use Bar/Tavern, Food Service, Residential
Days on Market 231
Directions From Highway 19 to First Ave.
Heating Forced Air
High School District G.F.W.
Lender Owned No
Levels Two
Property SubType Mixed Use
Property Type Commercial Sale
Roof Pitched, Age Over 8 Years, Metal
Sewer City Sewer/Connected
Standard Status Active
Street Name 1st
Tax Annual Amount 1604
Tax Year 2020
Total Units 1
Utilities Heating Separate, Electric Separate, Hot Water Common
Year Built 1910
Zoning Description Business/Commercial

Interior Features

Fuel Natural Gas
Street Suffix Avenue
Unit Type Efficiencies, 1 Bedroom, 2 Bedroom, 3 Bedroom, One Room, Two Room, Three Room, Four Room, Five Room, Six Room, Seven Room

Exterior Features

Foundationarea 2052
Inclusions Business, Building, Land, Inventory, Fixture/Equipment, Business Assets, Liquor License
Lot Dimensions 26x102
Lot Size Area 0.1
Lot Size Units Acres
Parking Features Gravel
Water Source City Water/Connected
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55335

AVG $220K
AVG $1,711
AVG 53
Year Built
AVG 1946

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