Conventional Restaurant

Graceville, MN Conventional Restaurants for Sale

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Wheaton, MN Clinton, MN Big Stone City, SD Beardsley, MN Ortonville, MN Herman, MN Milbank, SD Morris, MN
Bar and Restaurant Business
Updated: May 2, 2025
Bar and Restaurant Business

317 Studdart Avenue, Graceville, MN 56240

$599,000
Established bar and restaurant in Graceville with a well‑maintained interior
Year built: 2019
Established business with a history of being a local favorite for over 20 years
Includes modern facilities and an interior designed for bar/restaurant use
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Turn-Key Bar and Restaurant
Updated: May 21, 2025
Turn-Key Bar and Restaurant

317 Studdart Ave, Graceville, MN 56240

$499,000
Established Graceville bar and restaurant operating for over 20 years
Turn‑key opportunity with modern facilities and a well‑maintained interior
Includes a longtime reputation for legendary pizza and a lively atmosphere
Flexible use: continue operating as a bar/restaurant or repurpose the space for another business
Skilled staff in place to support operations if you continue in the hospitality industry
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Graceville, 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.

Extended-Stay Hotel with Restaurant
Extended-Stay Hotel with Restaurant

101 N Broadway Street, Watertown, SD 57201

$1,875,000
35,976 sqft

Turnkey extended-stay property with updated guest rooms, a leased on-site restaurant, and an upstairs event space.

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Restaurant and Income-Generating Building
Restaurant and Income-Generating Building

201 Jefferson Street S, Wadena, MN 56482

$399,000
10,500 sqft

Downtown restaurant business with a corner-lot building featuring a finished main level and additional finished second level.

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Retail Storefront with Parking Lot
Retail Storefront with Parking Lot

749 Jefferson Street N, Wadena, MN 56482

$499,999
3,072 sqft

Storefront retail property with a large parking lot and more than 3,000 sq. ft. of building space.

View details
Turnkey Extended-Stay Hospitality Property
Turnkey Extended-Stay Hospitality Property

101 N Broadway, Watertown, SD 57201

$1,875,000

Turnkey extended-stay lodging with an on-site leased restaurant and upstairs event space with bar and dance floor.

View details

Graceville, MN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Graceville, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,098,000.

Sale prices for conventional restaurants in Graceville, MN start at $499,000, averaging $549,000, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 3
Conventional restaurants 2

Demographics Overview

Population 807
Population Growth (5Y) -24.2%
Median Household Income $66,250
College Educated 22.3%

Taxes & Financing

Tax Rate (average for all types) 1.61%
Property Tax per SF $7.27 per SF
Tax Rate vs County Average 0.13 pp above county avg
Average Loan-to-Value 65.0%

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