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102 Highway 2
Floodwood, MN 55736

Savanna Portage · Retail Property For Sale

Investment Highlights

  • Well-established clientele
  • Central Location
  • 50 Seat Bar Area

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,425 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
3 Stories
Building FAR
0.33
Lot Size
0.58 AC
Zoning
C2- Hwy Commercial

About 102 Highway 2 , Floodwood, MN 55736

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
125003001750
Land Assessment
$59,013
Improvements Assessment
$485,897
Total Assessment
$544,910
  • Listing ID: 25982768

  • Date on Market: 2022-06-21

  • Last Updated:

  • Address: 102 Highway 2, Floodwood, MN 55736

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