102 Waldo Avenue S, Ihlen, MN 56164 (MLS# 7033856)

102 Waldo Avenue S, Ihlen, MN 56164

$257,000
Property Type: Commercial Square Footage: 3,834 Lot Size (sq. ft.): 28,314 Status: Active
Current Price: $257,000 List Date: 3/11/2026 Last Modified: 7/30/2026

Overview

Description

This 3834 sq. ft., building was recently, & extensively update. It is a single story restaurant/bar located along Hwy 23 with great visibility. It is a great location, close to Pipestone, Jasper, Trent and Trosky. This facility sits on a 0.65 acre lot. It offers a generous amount of parking. No expense was spared with the updates, which were finished late fall of 2019. Most recent updates are a new furnace and a/c units. Don't miss the opportunity to own this turnkey property.

Listing Details MLS# 7033856

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
15
Waterfront YN
No
Year Built
1950
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
3834
For Sale or Lease
For Sale
Acres
0.65
Lot Dimensions
142x200
Assessment Pending
No

Property Features

Accessible: Fully Wheelchair; Grab Bars In Bathroom; Roll Under Accessibility Air Conditioning: Central Air; Ductless Appliances: Cooktop; Dishwasher; Disposal; Freezer; Indoor Grill; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Storage Space; Sump Pump; Unfinished CMU Style: Business Opportunity Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer; Warming Table Construction Materials: Block Construction Status: Previously Owned Current Use: Commercial; Food Service; Restaurant; Tavern/Lounge; Vacant Exterior: Vinyl Flooring: Carpet; Tile Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Contract for Deed; Conventional; USDA; VA Location Description: Free Standing Lock Box Type: Combo Lot Description: Irregular Lot Miscellaneous Information: 2+ Lavatories; Delivery Door; Exterior Lighting; Kitchen Facilities; Three Phase On Site Utilities: Heating Common Parking Characteristics: Gravel Lot Potential Use: Diversified; Lounge/Bar; Rest/Lounge; Restaurant Sewer: City Sewer - In Street Stories: One Wall Description: Drywall; Finished Water: City Water - In Street

Contract Information

Contingency
None
ListPrice
257000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
102
Street Name
Waldo
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Ihlen
County
Pipestone
State
MN
Zip Code
56164
Complex/Dev/Subdivision
O P Of Ihlen

Assessments

Tax With Assessments
828

Basement

Foundation Dimensions
54x71

More Information

Building Information

Building Finished SqFt
3834
Building SqFt
3834

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
46
Township#
105

Sale Options

Sale Includes
Building, Business Assets, Fixture/Equipment, Inventory

Unit Details

Total Units
Yes
IDX
Listing Office: Keller Williams Realty-SF
Last Updated: July - 30 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.