$550,000
102 E Highway 2, Floodwood, MN 55736
0 Beds
0 Baths
n/a SqFt

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Welcome to Savanna Portage Bar, Restaurant & Event Venue. This awesome staple in the Floodwood business community would be a great investment for anyone looking to be their own boss. Profitable business with well-established clientele. 50 Seat bar area, 24x20 outdoor deck area seats 24, 72 seat dining area and a second bar/venue in lower level that seats 100 and opens up to the E side of property with sand volleyball court. Clients love the Up North feel, the welcoming environment and the establishment is centrally located between Duluth, Grand Rapids, Hibbing & McGregor. With all of the extra space, it is an excellent meeting place for business gatherings, weddings, celebrations of life, birthdays, retirement parties, etc... See supplements for all of the updates to the mechanicals of the building and business (too many to list here). Beautiful log siding/metal roof and overall atmosphere. Don't miss this once in a lifetime opportunity.
  • Price:
  • $550,000
  • Acreage:
  • 0.58
  • Year Built:
  • 2005
  • Listing ID #:
  • 6103695
  • Street Address:
  • 102 E Highway 2
  • City:
  • Floodwood
  • State:
  • Minnesota
  • Postal Code:
  • 55736
  • County:
  • St. Louis
  • Community:
  • Floodwood
  • Listing Status:
  • Active
  • Listing Type:
  • Restaurant/Bar
School District: Floodwood #698
  • Ceiling Height:
  • 8-10 Feet
  • Construction Type:
  • Concrete Block
  • Exterior Features:
  • Brick, Log, Stone
  • Type Of Roof:
  • Metal
  • Year Built:
  • 2005
  • Days On Market:
  • 107
  • For Sale Or Lease?:
  • For Sale
  • Included In Sale:
  • Building, Business, Business Assets, Fixture/Equipment, Inventory, Land, Liquor License
  • Terms:
  • Cash, Conventional
  • Price Per Square Foot:
  • 65.28
  • Property Taxes:
  • $18,346
  • Tax Year:
  • 2022
  • Existing Water:
  • City
  • Heating:
  • Forced Air, Natural Gas
  • Sewage Type:
  • City
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By David Meyer of RE/MAX Advantage Plus
  • Copyright 2020 – Lake Superior Area REALTORS® MLS – All Rights Reserved DULUTHMN