203 Barclay Avenue, Pine River, MN 56474
For Sale $399,000.00
PRICE REDUCED TO $399,000 FROM $499,000!
Gardiner’s Hardware Hank & Furniture is a 3rd generation family business established in 1935 that sells hardware, housewares, appliances and furniture. The business includes an approximate 17,000 sq. ft. facility on a corner lot in the beautiful city of Pine River. The main level contains hardware and giftware, the upper level contains furniture and appliances, and the lower level contains a toy section. This is a once in a lifetime opportunity to own a successful business in the beautiful Lakes Area!
- Purchase Price: $399,000.00
- Directions: From the Hwy 371 and Barclay Ave stoplight intersection - East on Barclay Avenue 1 block - Property is the NE corner of Barclay Ave and 1st Street N
- Building Size Total (Sq. Ft): 17,736
- Building Size Main (Sq. Ft): 7,000
- Building Size Upper (Sq. Ft): 7,000
- Building Size Lower (Sq. Ft): 3,736
- Lot Size (Sq. Ft): 9,500
- Lot Size (Acres): 0.22
- Lot Dimensions: 50' x 140' + 50' x 50'
- Road Frontage: 50’ along Barclay Ave & 140’ along1st Street N
- Original Price: $499,000.00
- Price Note: PRICE REDUCED TO $399,000 FROM $499,000! $399,000 + Inventory (Inventory is estimated to be approximately $400,000 - $450,000). Price Includes Business, Real Estate, Furniture (Excluding Retail Furniture), Fixtures & Equipment
- Property Tax Year: 2024
- Annual Property Tax: $5,238.00
- Business Name: Gardiners Hardware Hank
- Type of Business: Hardware, Housewares, Appliances & Furniture
- Year Established: 1935
- # of Employees: 5
- Reason For Selling: Owners wish to retire
- Property Features / Assets: Main Level: 7,000 SF (Hardware & Housewares); Upper Level: 7,000 SF (Appliances & Furniture); Lower Level: 3,736 SF (Toys & Storage). Detached Storage Garage: 864 SF.
- Water: City
- Sewer: City
- Heating: 2 Natural Gas Boilers
- Cooling: Central Air - Electric Roof-Top unit
- Electric – Amps: 200
- Electric – Phase: Single
- Lighting: Fluorescent
- Year Built: Main Building: Early 1900's; Stoage Garage: 1970
- Construction: Concrete Block
- Foundation: Concrete
- Roof: Flat - Rubber Membrane
- Exterior: Brick & Steel Siding
- Ceiling Height: 7.5' - 11'
- Overhead Doors: 1 (8' W x 7' H) on Storage Garage
- Bathrooms: 1 on Main Level
- Parking Spaces: On-Street Parking
- Neighboring Businesses: Located near Napa Auto, Guide Point Pharmacy, Pine River Bakery, North Pointe Realty, plus numerous downtown Pine River businesses located along Barclay Avenue. For a list of local Pine River businesses, log-in to the following Chamber Directory site: http://www.pinerivermn.com/business-directory-2/
- Traffic Counts: 3,550 on Barclay Avenue and 8,000 - 9,100 on Hwy 371
- CC File #: 1638
- Zoning: Commercial
- PID#: 94-337-0790 & 94-343-0120
- Legal Description: Lots 11 & 12 Block 7 Original Plat of Pine River and 50’x50’ of rear of E 1/2 of Lot 2 Block 1 Dawes 2nd Addition