Turn-Key Bar, Restaurant & Event Center in the heart of Downtown St. Cloud
This establishment is a historic landmark for the City of St. Cloud and is a rare opportunity to purchase on 5th Avenue.
Downtown St. Cloud is a mixture of 60+ retail shops, 45+ eating establishments, 500+ businesses, and 70+ historic buildings.
3.5 level building with a total GBA of 11,961 square feet built in 1886. o Main level consists of a bar and seating area.
o 2nd level was used for events only. It has served events such as university banquets, grooms dinners, Christmas parties, etc. o The upper level & seating mezzanine was restaurant space (Formerly Nick’s Third Floor).
Popular Downtown lounge bar and dining location.
Excellent 5th Avenue location with 30+ years of history as DB Searles.
Restaurant and bar have grossed more than 2 million per year.
Three public parking ramps comprising more than 1,200 stalls are within blocks of the property.
Within walking distance to large employers such as Capital One, State of Minnesota office, Stearns County office and The City of St. Cloud office and multiple hotels.
Approved Occupancy 465 total; 152 first floor, 130 second floor, 183 third floor and mezzanine.
All fixtures and equipment now on-site will remain.
Multiple walk-in coolers and freezers.
Recent upgrades to fire protection systems.
Alarm and camera systems in place.
Secure business office with safe.
Full commercial kitchen and equipment in place
Separate food processing and preparation area.
Original Fireplace (currently not functioning).
4 stop elevator, inspections and service requirements are current.