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Active - Business for sale
Wells, MN
Facts & features
Why you’ll love it
Welcome to this well-maintained and high-quality commercial building in downtown Wells, MN, just a stone's throw away from the historic Depot Museum. Formerly operated as the American Legion, this property offers a fantastic opportunity for ownership and operation as a tavern, restaurant, or versatile meeting and event center. Short on downpayment? ask the City of Wells EDA department and the County of Faribault for downpayment assistance loans. The sale includes most owned equipment, making it a turnkey investment. Spanning over 11,000 square feet, this property boasts an impressive finished space, including a basement area perfect for meetings and events, complete with a commercial kitchen. Recent upgrades such as a main floor kitchenette with exhaust system, HVAC, circuit breaker boxes, ELEVATOR, flooring, and ceiling tiles enhance the overall appeal of the building. With utilities averaging around $4,300 per year, this property presents a lucrative investment opportunity. Liquor and gamble license today could be negotiated. Pull tabs could still rent space in the building for extra income. Don't Miss out today!
Listed by: LandProz Real Estate, LLC
Co-listed by: LandProz Real Estate, LLC
Source: Northstar MLS as distributed by MLS GRID, MLS#: 6775388
Based on information as of Jun 01, 2026 at 01:00am EDT.
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Affordability
$610/mo
- Mortgage$506
- Property tax$105
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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Travel times
About Village/Wells
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Disclaimer
Based on information submitted to the MLS GRID as of Jun 01, 2026 at 01:00am EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
