Location
1119 Center Street North Mankato, MN
Asking Price
$3,950,000
Exterior: | Metal |
Water: | City |
Heat: | Forced Air |
Appliances: | Dryer, Range/Stove, Refrigerator, Washer |
Key Drivers: Seasonal Beers: Introducing new seasonal beers in Sampler Packs and limited seasonal releases. Core Beers: Mad Butcher IPA is our leading core brand of total beer sales. Other core brands include Rhuby Rhubarb Sour, Kato Lager, and Organ Grinder Amber Ale. Independent Brewer: 2023 sold 3, 761 bbls of beer and listed as the 19th largest independent brewery in MN per the 2023 Brewers Association production data. Distribution: 12 partner distributors covering Minnesota, eastern North Dakota, easter South Dakota and northern Iowa. Events and Promotions: Hosting events in our brewery taproom has been a great way to support local organizations and provide a space for the public to use. Local Partnerships: Collaborations with local businesses and artists have increased community engagement and sales. Additional Building/Land Information: Expansion Opportunities: Potential for expanding distribution channels, taproom space, or introducing new product lines. Land: Lot Size 80, 891 SF or 1.86 Acres Description: Warehouse/Production Area for General Brewing Area (GBA) with a Bar and Office Space Age: 1976 & 2000 Gross Building Area: 23, 875 SF Main warehouse 24-foot sidewalls & 26-foot peak (to insulation) Refrigerated warehouse 18-foot sidewalls & 20-foot peak (includes a 20x24 cooler in this pace) Two loading docks Two overhead doors 14x14 from main to outside & 10x10 overhead door to refrigerated warehouse. Office Area: 1, 644 SF or 7% of GBA Refrigerated Warehouse: 4, 200 SF or 18% of GBA Mezzanine Area: (Not Incl. In GBA) 535 SF “ 60% Finished Additional Brewing Information: Brewhouse: The company utilizes a 15-barrel (bbl) brew system and sells its beer products in local and regional restaurants and bars, via beer distributors, as well as at its onsite taproom. Equipment: Assets include brew house, fermenter tanks, hot liquor tank, brite tanks, canning line, keg washer, beer filter, lab equipment, boiler, chiller and refrigeration equipment, bar equipment, furniture, fixtures, and related items. *Minority Owner is a Licensed Real Estate Agent.