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$824,999 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.45 Acres
  • Updated 7 hours ago
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Beautiful brick free standing building. All equipment less than 3 years old in great condition. Newer roof, and great parking lot, all major mechanicals updated recently. Turnkey business. New owner can take possession of property and either keep the existing restaurant and bar or bring your own idea. Great opportunity for owner operator.

Full Property Details for 115 Railway St W

General

  • Price: $824,999
  • Taxes: $20,879 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7061885
  • Updated: 4/24/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Wood

Parking

  • Parking Features: Parking Lot

Location

  • County: Hennepin
  • Township: Loretto
  • Subdivision: Loretto Center Add
  • Driving Directions: From Rockford 6 miles East on Hwy 55 south on county Road 19

School Information

  • School District: 879 - Delano
  • High School District: Delano

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 Common

Structural Information

  • Basement: Yes
  • Foundation Size: 4000
  • Disability Access: Doors 36"+, No Stairs Internal
  • Current Bldg. Use: Restaurant, Bar/Tavern
  • Year Built: 2003

Lot Features

  • Lot Size (Acres): 0.45
  • Lot Dimensions: .45
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $20,879
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: LOT 001 BLOCK 001 LORETTO CENTER ADDN
  • Inclusions: Business, Fixture/Equipment, Land
  • Property ID: 611823340088

Listed by OIB Realty

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— 115 Railway St W —

  • OIB Realty

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 115 Railway St W

School District:Delano Public School District
NameGradesDistance
Delano Elementary School
678 Tiger Drive, Delano, MN 55328
K-46.8 mi
Delano Senior High School
700 Elm Avenue East, Delano, MN 55328
9-127 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 115 Railway St W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/24/2026
Listed
$824,999
26.92%
MLS
5/10/2019
Sold
$650,000
—
Public Record
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 115 Railway St W

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,879
9%
$677,000
4%
2023
$19,082
8%
$653,000
12%
2023
$17,727
—
$584,000
8%
2023
$17,727
-26%
$543,000
-21%
2020
$23,861
4%
$690,000
9%
2019
$22,880
4%
$635,000
6%
2018
$21,933
7%
$599,000
13%
2017
$20,585
-3%
$532,000
—
2016
$21,273
6%
$532,000
—
2015
$20,153
-3%
$532,000
—
2014
$20,788
-16%
$532,000
—
2013
$24,858
—
$532,000
—
View All
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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115 Railway Street W, Loretto, MN 55357 (MLS# 7061885) is a Commercial property. 115 Railway Street W is currently listed for $824,999 and was received on April 24, 2026. Want to learn more about 115 Railway Street W? Do you have questions about finding other Commercial real estate for sale in Loretto? You can browse all Loretto real estate or contact a Coldwell Banker agent to request more information.

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