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Priced Reduced! Motivated Seller. Located Downtown Virginia Minnesota sits the Historic Magic Bar (Forte Building) A staple in the community the Magic Bar was in operation for over 70 years. The business is currently shut down and the new owner will need to contact the city for licensing requirements if wish to continue the legacy. Upstairs sits an updated 3 bedroom apartment that once was a brothel. Updates include, carpet, paint, kitchen, windows and a newer rubber roof. Great opportunity to have a unique Air bnb, long term rental or live upstairs and convert the commercial space down to suit your needs, man cave or heated storage. Very unique and priced to reflect tlc needed. Owner is Licensed Real-estate Broker.
| DAYS ON MARKET | 72 | LAST UPDATED | 9/9/2022 |
|---|---|---|---|
| COMMUNITY | Virginia | STATUS | Sold |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Jul 7, '22 | $69,000 |
|---|---|
| Jul 7, '22 - Jul 19, '22 | $63,900 |
| Jul 19, '22 - Aug 11, '22 | $57,900 |
| Aug 11, '22 - Today | $52,900 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Virginia |
| BASEMENT | Rock, Yes |
| CONSTRUCTION | Wood Frame |
| EXTERIOR | Display Window, Fencing, Fire Alarm, Outside Storage |
| HEAT | Electric, Steam |
| LOT DESCRIPTION | Downtown Area |
| LOT DIMENSIONS | 120 x 25 |
| PARKING | Parking Area,Street Parking |
| STYLE | Building Only |
| UTILITIES | City Sewer,City Water,Electric |
| WATERFRONT DESCRIPTION | 0 - None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Northland Realty
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