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Detroit Lakes, MN Breakfast & Diners for Sale

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Perkins Breakfast Restaurant
Updated: Apr 10
Perkins Breakfast Restaurant

990 Highway 10 West, Detroit Lakes, MN 56501

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8 years remaining on the lease with 1.75% annual rent increases
One 10‑year and two 5‑year renewal options
6.75% cap rate
Southwest corner of U.S. Highways 10 and 59
Daily traffic counts of 19,400 and 12,400 vehicles, respectively
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Detroit Lakes, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Breakfast Diner with Bait Shop
Breakfast Diner with Bait Shop

67 Highway 65 N, Mora, MN 55051

$897,500
4,720 sqft 1.50 AC lot

Includes a bait shop, substantial customer seating, on-site parking, and convenient highway access.

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Updated Conventional Restaurant
Updated Conventional Restaurant

550 Us Highway 14, Walnut Grove, MN 56180

$135,000
1,768 sqft

Equipped restaurant property with refreshed building systems, food-service equipment, and an outdoor seating area.

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Equipped Restaurant with Outdoor Seating
Equipped Restaurant with Outdoor Seating

550 US Highway 14, Walnut Grove, MN 56180

$135,000
0.12 AC lot

Updated food-service space with commercial equipment, outdoor seating, and an accessible ramp entrance.

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Breakfast Diner with Bait Shop
Breakfast Diner with Bait Shop

67 Highway 65 N, Mora, MN 55051

$897,500
1.48 AC lot

Real estate includes a diner, bait shop, parking lot, and established food-service improvements.

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Detroit Lakes, MN Breakfast & Diners Market Trends and Statistics

Explore 1 breakfast & diners for sale in Detroit Lakes, MN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Breakfast & diners 1
Conventional restaurants 1

Demographics Overview

Population 18K
Population Growth (5Y) +5.4%
Median Household Income $68,980
College Educated 21.1%

Taxes & Financing

Tax Rate (average for all types) 1.50%
Property Tax per SF $34.24 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

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