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For Sale:  New Richmond MLS# 7077609

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Active NEW!
$525,000
/mo Edit
Commercial:  Other
2 br • 2 ba • Built 1990
4 acres
Somerset schools
MLS# 7077609
763-576-8286
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    Property Description

    Bring your next concept to a location with local history and built-in name recognition. Known over the years as Potting's, Doboy's, and Grandpa Hank's, this well-known former restaurant and bar site offers a rare chance to revive a familiar destination or create something entirely new. Set on an approximately 2-acre commercial site in the Town of Somerset with a New Richmond mailing address, the property offers room for a restaurant, bar and grill, event-driven concept, supper club revival, or another hospitality  venture, subject to approvals and buyer or tenant plans. For an operator, this is an opportunity to step into a location people  already know. For an investor, it is a chance to reposition a recognizable commercial property with strong local recall. Whether you are looking to lease a site for your next concept or purchase a property with long-term upside, 2391 65th Street stands out for its visibility on WI 35 Hwy, history, and potential. Bring new energy to a place that has been part of the area's story for years.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $525,000
    Property Type: Commercial
    City: New Richmond
    Garage Spaces: 0
    County: St. Croix
    Year Built: 1990
    State: WI
    Property Style: Other
    Zip Code: 54017

    Interior

    Bedrooms: 2
    Bathrooms: 2
    Ceiling Height: 16-20
    Flooring: Wood
    Appliances Included:
    • Dishwasher
    • Dryer
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Block
    • Storage Space
    • Unfinished

    Exterior

    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 1,071 ft2
    Foundation Dimensions: 21x51
    Handicap Accessible: Doors 36"+
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • Parking Lot
    Unit Amenities:
    • Main Floor Primary Bedroom
    • Natural Woodwork
    • Other

    Lot & Land

    Acres: 4
    Geolocation: 45.209419, -92.682631
    Inclusions: Building, Fixture/Equipment, Inventory, Leases, Liquor License
    Lot Dimensions: 577 x 299 x 577 x 300
    Zoning: Business/Commercial
    Lot Description: Irregular Lot

    Schools

    School District: 5432
    District Phone: 7152473313

    Expenses

    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,327
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,681

    Units

    Total Units: 2

    Miscellaneous

    Current Use: Food Service
    Fuel System: Propane
    Owner Occupied: No
    Sewer System:
    • Holding Tank
    • Private Sewer
    • Septic System Compliant - Yes
    Available Utilities: Electric Separate
    Water System:
    • Drilled
    • Private
    • Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.