If you have a lot of money burning a hole in your pocket and are nostalgic for your student days at the University of Minnesota, this could be the perfect investment.
The owners of Legends Bar & Grill are selling, according to this property listing, and they're looking for around $1.375 million from prospective buyers.
That's almost double the $700,000 they bought the property for in 2009, CityPages reports, with the bar at 825 E. Hennepin Ave. a favorite among U of M students – current and former – thanks to its really, really cheap drinks.
A neighborhood fixture since it first opened in 1990, check out its "legendary" happy hour that features tap, bottle and rail drinks at $2.75 between 3-7 p.m., five days a week, and even outside its happy hour times it has nightly offers of cut-price booze.
But as well as saying it's an opportunity for "new owner/investor," the property listing also suggests there's an opportunity for the site to be redeveloped. Fans of the bar will be hoping it'll stick around, not least for its famous bloody Mary's.
For the money, you get 7,052 square-foot of space along with a full kitchen, 14 TVs, tables and chairs, patio furniture and music equipment. You can see the full brochure here.
CityPages contacted the owner and didn't get a response about why they're selling, but given the possibility it could be sold to a redeveloper, we wouldn't put off any plans you have to re-live the glory days of college.