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PRICE REDUCED! Gardiner’s Hardware Hank
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
Property Map