Conventional Restaurant

Hill City, MN Conventional Restaurants for Sale

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Swatara, MN Grand Rapids, MN Deer River, MN Palisade, MN Remer, MN Cohasset, MN Emily, MN Mcgregor, MN
Bar and Grill with Seasonal Deck
Updated: Jun 2
Bar and Grill with Seasonal Deck

140 Lake Avenue W, Hill City, MN 55748

$475,000
0.08 AC lot
Indoor seating for over 100 guests
Seasonal deck with seating for approximately 30
Seasonal outdoor service bar
On‑sale and off‑sale liquor service
0.081‑acre parcel; block construction; built in 1940
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Conventional Restaurant with Outdoor Deck
Updated: Jul 29
Conventional Restaurant with Outdoor Deck

140 Lake Ave W, Hill City, MN 55748

$475,000
4,000 sqft
Indoor dining capacity exceeding 100 guests
Seasonal outdoor deck with seating for approximately 30 additional patrons
Seasonal outdoor service bar with on‑sale and off‑sale liquor sales
Near Highway 169, Hill Lake, public hunting grounds, and Soo Line Recreational Trails
Ample parking on Hill City’s main street
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hill City, 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.

Waterfront Restaurant and Bar
Waterfront Restaurant and Bar

33350 County Road 3, Crosslake, MN 56442

$779,000
3,580 sqft

Lakeside dining property with approximately 310 feet of Big Pine Lake frontage and a County Road 3 address.

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Drive-Through Restaurant Property
Drive-Through Restaurant Property

221 4th St, Ironton, MN 56455

$439,000
4,446 sqft

Adaptable restaurant building with drive-through service, commercial kitchen, offices, storage, and existing furniture, fixtures, and equipment.

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Waterfront Restaurant
Waterfront Restaurant

33350 County Road 3, Crosslake, MN 56442

$779,000
2.44 AC lot

Established restaurant property with lake frontage, covered parking, and central air conditioning.

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Drive-Through Restaurant with Canopy
Drive-Through Restaurant with Canopy

221 4th Street, Ironton, MN 56455

$439,000
0.41 AC lot

A commercial kitchen, three restrooms, and on-site parking support food-service operations.

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Hill City, MN Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Hill City, MN on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $950,000.

Sale prices for conventional restaurants in Hill City, MN average $475,000 — 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 2
Conventional restaurants 2

Demographics Overview

Population 1,429
Population Growth (5Y) +2.5%
Median Household Income $54,615
College Educated 21.1%

High-Yield Neighborhoods for Investment

Identify Hill City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55748 $475K

Taxes & Financing

Tax Rate (average for all types) 1.66%
Property Tax per SF $23.41 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Aitkin County

New Delisted

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