36868 Highway 65 NE, Grandy, MN 55029 (MLS# 6252915)
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$1,300,000
36868 Highway 65 NE
Grandy, MN 55029
MLS# 6252915
Status:
Closed2 baths
Property DescriptionThe Brass Rail, voted Best of Minnesota, is home to world-famous broasted chicken. This iconic restaurant was voted WCCO Viewers' Choice For Best Broasted Chicken In Minnesota and is now available to purchase. The purchase price includes eight parcels of land including the buildings and outbuildings, food truck, furnishings, fixtures and equipment, FF&E, (i.e. tables & chairs, kitchen & bar equipment and basic small wares) with most of the "décor" in-place, security system, 3 10x10 coolers (2 frig/1 freezer), website domain name, secret recipes, The Brass Rail name and logo, and 53 years of history. Located on HWY 65 just north of Cambridge, the properties offer ample on street and off street parking, year round indoor dining that seats 169, seasonal dining in the screened porch and outdoor patio that seats 60, and the food truck offers endless catering and mobile opportunities. The Listing Broker requests that NO inquiries be made at this property to any staff or employees.
Status: Closed
Off Market Date: 2023-04-10
Current Price: 1200000
Closed Date: 2023-05-08
Sales Close Price: 1200000
Contingency: None
ListPrice: 1300000
List Date: 2022-09-16
Owner is an Agent?: No
Auction?: No
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 50
Year Built: 1920
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Baths Total: 2
Foundation Size: 4332
Garage Stalls: 4
For Sale or Lease: For Sale
Acres: 1.6
Lot Dimensions: Irregular
House Number: 36868
Street Name: Highway 65
Street Direction Suffix: NE
Postal City: Grandy
Zip Code: 55029
Complex/Dev/Subdivision: Townsite Of Manila
Property ID #2: 030500091
Property ID #3: 030500050
Tax With Assessments: 7678
Building Finished SqFt: 4332
Building SqFt: 4332
Land Leased: Not Applicable
Garage Dimensions: 32x43
Garage Square Feet: 1376
Sale Includes: Building, Business, Fixture/Equipment, Inventory, Land, Liquor License
Accessible: Doors 36"+; Grab Bars In Bathroom; Hallways 42"+; No Stairs External; Roll Under Accessibility
Air Conditioning: Central Air
Amenities Unit: Deck; Ethernet Wired; Patio
CMU Style: Business Opportunity
Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Other; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer; Warming Table
Construction Status: Previously Owned
Current Use: Restaurant; Tavern/Lounge
Exterior: Brick/Stone; Cement Board; Engineered Wood; Log Siding
Loan Terms: Cash; Conventional
Location Description: Downtown; Other/See Remarks
Miscellaneous Information: 220 Volt; Out Buildings; Overhead Doors; Single Phase
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Overhead Door Clearance: 10-14 Feet
Parking Characteristics: Gravel Lot
Road Frontage: Curbs; Highway; Paved Streets; Sidewalks; State Road
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Asphalt Shingles; Pitched
Listing Office: Century 21 Moline Realty Inc
Last Updated: August - 07 - 2025

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