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$325,000 -$50,000 (-13.33%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 4,050 Sq. Ft.
  • 0.45 Acres
  • Updated 3 days ago
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Well established restaurant included with turn key fixtures, equipment, inventory & transition time frame with current owner if desired. Restaurant known for affordable meals, buffets & friendly service - take advantage of this turn key opportunity or make it your own, perhaps a sports bar & grill? Possibilities are endless, owner is just ready for a change! Restaurant built in 1956 is 4,050 sq ft. New flooring was installed in kitchen/prep areas in 2022 and some painting/updating made in other areas also during this time.

Full Property Details for 120 W Broadway

General

  • Price: $325,000
  • Taxes: $5,779 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7113471
  • Updated: 9/1/2026
  • Added to Site: 45 day(s) ago

Interior

  • Appliances: Cooktop, Dishwasher, Exhaust Fan, Freezer, Indoor Grill, Microwave, Range, Refrigerator, Wall Oven

Parking

  • Parking Features: Assigned, Asphalt, Concrete, Paved Lot

Location

  • County: Morrison
  • Township: Little Falls
  • Subdivision: Thayers Add
  • Driving Directions: Hwy 27 W of bridge to #120 & #106 corner of Lindbergh Drive North.

School Information

  • School District: 482 - Little Falls
  • High School District: Little Falls

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate, Hot Water Separate

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Block, Partial, Unfinished
  • Foundation Size: 4050
  • Roof: Flat, Pitched, Rubber
  • Disability Access: No Stairs External, No Stairs Internal, Partially Wheelchair
  • Square Feet: 4,050
  • Finished Down/Base.: 4,050 Sq. Ft.
  • Current Bldg. Use: Beauty/Barber Shop, Food Service, Restaurant
  • Year Built: 1956

Lot Features

  • Lot Size (Acres): 0.45
  • Lot Dimensions: 50 x 140 x 46 x 140 x 75 x 80
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks, State Road
  • Potential Use: Restaurant, Retail, Diversified, Lounge/Bar
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot

Financial Considerations

  • Tax Amount: $5,779.04
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Electricity, Fuel, Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
  • Pays Electric: Owner Pays
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: SECT- TWP- RANGE- THAYER'S ADDN LOT- 7 BLOCK- 53 plus 2 PIDS
  • Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
  • Property ID: 490209000

Listed by Central MN Realty LLC

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Listing agent

— 120 W Broadway —

  • Central MN Realty LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 120 W Broadway

School District:Little Falls Public School District
NameGradesDistance
Lincoln Elementary School, Little Falls, MN
300 6th Street Southwest, Little Falls, MN 56345
PK-50.4 mi
Community Middle School
1000 1st Avenue Northeast, Little Falls, MN 56345
6-81.2 mi
Little Falls Senior High School
1001 5th Avenue Southeast, Little Falls, MN 56345
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 120 W Broadway Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/01/2026
Price Reduced
$325,000
-13.33%
MLS
8/01/2026
Listed
$375,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 120 W Broadway

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,712
10%
$42,200
61%
2024
$1,552
-24%
$26,200
-3%
2023
$2,042
—
$26,900
-30%
2023
$2,042
63%
$38,600
5%
2021
$1,251
-4%
$36,900
-65%
2020
$1,309
-23%
$106,100
193%
2017
$1,692
—
$36,200
7%
2017
$1,692
-9%
$33,700
-5%
2016
$1,866
—
$35,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Central MN Realty LLC

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120 W Broadway, Little Falls, MN 56345 (MLS# 7113471) is a Commercial property. 120 W Broadway is currently listed for $325,000 and was received on July 21, 2026. Want to learn more about 120 W Broadway? Do you have questions about finding other Commercial real estate for sale in Little Falls? You can browse all Little Falls real estate or contact a Coldwell Banker agent to request more information.

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