945 Gary Street

Active

Recently updated bar with 2 studio apartments! This turn-key property is ready to start generating income today and offers a great opportunity with income and room to grow. The bar sells on-sale, off-sale, handmade pizzas, pull-tabs and e-tabs. Currently have a category 2 food license, with approved walls and flooring in the kitchen area and a hand-wash sink in place. Possibilities of adding a grill and hood, deep fryer, etc. Currently, have a pizza/sandwich prep cooler and are serving handmade pizzas. Would be easy to expand that into subs, paninis, etc. Great cash flow! The main level is a 50 x 70 space with tons of room for special events, tournaments, etc. There is plenty of space for a variety of activities and seating configurations. There are 2 studio apartments in the basement, which is an additional 50 x 70 space that has tons of storage, office space and washer and dryer hookups. Everything is turnkey and ready to start generating income today! Contract for deed available!

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights Reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Real Estate Corners, Inc are marked with the Broker Reciprocity logo. The property information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Real Estate Corners, Inc is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Real Estate Corners, Inc, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information, including that related to open houses, deemed reliable, but not guaranteed. Listing courtesy of Real Estate Corners, Inc. Data last updated: Wednesday, September 16th, 2026 at 11:24:46 PM.

Data services provided by IDX Broker
MLS Logo

View full listing details
Price:$250,000
Address:945 Gary Street
City:Calumet
County:Itasca
State:Minnesota
Zip Code:55716
Subdivision:Calumet
MLS:7143989
Year Built:1940
Acres:0.14
Lot Square Feet:0.14 acres
fuel:Natural Gas
roof:Age 8 Years or Less, Flat, Rubber
sewer:City Sewer/Connected
cooling:Window Unit(s)
heating:Forced Air
taxYear:2026
basement:Block, Full, Storage Space
ownerPays:All Utilities, Cable TV, Common Area Maintenance, Electricity, Fuel, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
utilities:Electric Common, Heating Common, Hot Water Common
appliances:Electric Water Heater, Freezer, Microwave, Refrigerator
currentUse:Commercial, Event Space, Food Service, Bar/Tavern
inclusions:Building,Business Assets,Business,Fixture/Equipment,Land
postalCity:Calumet
contingency:None
fuelExpense:3000
grossIncome:250000
lenderOwned:No
lotFeatures:Corner Lot
waterSource:City Water/Connected
garageSpaces:1
lotSizeUnits:Acres
otherExpense:2000
trashExpense:2400
waterfrontYN:no
foundationArea:3482
patioPorchType:Covered, Patio
yearlySeasonal:Yearly
electricExpense:6456
parkingFeatures:Attached Garage, Gravel, On-Street Parking Only, Parking Lot, Tuckunder Garage, Open
taxAnnualAmount:2320
insuranceExpense:5000
operatingExpense:100000
roadFrontageType:City Street
assessmentPending:No
foreclosureStatus:No
lotSizeDimensions:130x125
newConstructionYN:no
publicSurveyRange:23
waterSewerExpense:960
zoningDescription:Business/Commercial
comKitchenAmenDesc:Cookware/Utensils, Prep Station, Refrigerator, Shelving and Racks, Walk-In Cooler/Freezer, Freezer, Ice Machine, Oven
highSchoolDistrict:Greenway
maintenanceExpense:2000
netOperatingIncome:150000
numberOfUnitsTotal:2
potentialShortSale:No
taxWithAssessments:2320
publicSurveySection:21
schoolDistrictPhone:2182477306
allowedUseCaseGroups:IDX
publicSurveyTownship:56
schoolDistrictNumber:316
accessibilityFeatures:Fully Wheelchair, No Stairs Internal
constructionMaterials:Block, Brick
fractionalOwnershipYN:No
numberOfRefrigerators:One
overheadDoorClearance:0-9 Feet
Please sign up for a Listing Manager account below to inquire about this listing