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Bank trying to sell Selma's ice cream parlour in Afton

Selma's Ice Cream Parlour, in Afton, is up for sale. CorTrust Bank, which bought the restaurant last summer at a sheriff's sale, is selling the property. The asking price is $299,000.

Minnesota's oldest ice cream parlor is up for sale.

Selma's Ice Cream Parlour in Afton has sat vacant since the winter of 2009, when it closed for the season and never reopened.

Selma's eventually went into foreclosure and was bought by CorTrust Bank at a sheriff's sale for $746,611.60. CorTrust Bank, which is based in Mitchell, S.D., has a branch in Woodbury.

Northmarq is handling the sale. The asking price is $299,000.

Ronn Thomas, vice president of brokerage for Northmarq, said Selma's has been on the market for the last few months.

"There has been a few offers, but the offers were not acceptable," he said.

The property, which is roughly 3,000 square feet, includes the restaurant, the adjacent office building and a patio area with fish ponds.

Also included in the sale will be tables, chairs, patio furniture, all existing coolers and parlor equipment including the existing inventory, kitchen equipment, stereo system, signs and paving stones.

Thomas said the intent is to sell the property to be operated as an ice cream parlor maintaining the Selma's name.

Thomas said he does not have a guess as to when the restaurant will sell.

"I stopped making predictions when this recession started," he said. "It's a wonderful property, it's a piece of history."

Amber Kispert-Smith

Amber Kispert-Smith has been the schools and Afton reporter at the Woodbury Bulletin since 2008. She holds a bachelor’s degree in journalism from the University of Minnesota. She previously worked as a reporter for Press Publications in White Bear Lake.

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