$4M Hotel Renovation across the street in the works
Historic building
Formerly the home of Mike's Cloquet Bar & Lounge
Four upper rental units avail--2 currently leased
Convenient downtown location
High daily traffic count street!
$4M Hotel Renovation across the street in the works
Historic building
WHEN OPPORTUNTIY KNOCKS, IT ROARS!!! Welcome to 914 Cloquet Ave! The former home of Mike's Cloquet Bar & Lounge for over 50 years! If the walls could talk, they would tell story after story of the thousands of patrons that supported the bar, how this establishment out lived numerous business' over the years and how Mike was the single-longest bar owner at the time during the family's ownership (1968-2018). The sellers are eager to see the history continue with its new owners and with C&C Holdings currently in the process of a $4m renovation of the Solem Hotel across the street, the future possibilities and value for this building are endless. The main level includes a bar area, room for pool tables, a small dance floor, storage room and two bathrooms. The basement is set up with a kitchen area, office and tons of storage! The upper level has 4 apartment units, with two currently being leased MTM for $500/mo incl all utilities. There are two parking spots in the rear of the building and plenty of street parking available on 10th St and Cloquet Ave. Let you imagination run wild and don't let this opportunity pass you by! This one is priced to sell immediately!