Building, Potential Self Storage. Food MFG or

Alexandria, MN
Douglas County

4 miles south of Alexandria


Asking Price: Annual Revenue:
$290,000 Not Disclosed

Commercial Real Estate: Non-classifiable


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RE: Building, Potential Self Storage. Food MFG or Broker: Seller of Business

Quick Facts

Asking Price: $290,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: $290,000
Year Established: 1983
Employees: Not Disclosed
BBN Listing #: 296940231
Broker Reference #: 8295 b.k.

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Business Overview:

FACILITY: 10,000 sq. ft. Building: Potential Self-Storage, Food MFG, Event Space or Bar and Rest. This property was formally known as Forada Supper Club, located 4 miles south of Alexandria. There is a large fully equipped kitchen with a 11’ hood and fire system.
• Built in 1983
• City sewer & private well.
• Exterior: Steel Siding.
• Roof: Steel
• Construction: Wood frame on Cement slab.
• Fuel: Propane
• Power: 3 phase 240, 3 phase 120/240, 1 phase 120/240
• Central A/C, Heat: Boiler $ Electrical
• Lot Size: 1.6 acres

ASKING PRICE: The bank is asking $290,000 for the building, property, furniture, fixtures and equipment.

REASON FOR SALE: Bank owned.

Contact Bill Kraemer at bill.kraemer@oibmn.com for more information.

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Property Features and Assets:

FACILITY: 10,000 square feet building, city sewer and its own well. Beautiful hardwood floors, vaulted ceilings, large fully equipped kitchen with a 14’ hood system, walk-in cooler with plenty of parking.

Market Competition and Expansion:

This 10,000 square feet building was used as an event space and restaurant in the past. You could keep it as that or it would be fairly easy to convert the space to a food manufacturing business. The kitchen is fully equipped with a 14' hood system.

Reason for Selling:

Bank owned

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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