Grocery Store

Northome, MN Grocery And Convenience Stores for Sale

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Northome Grocery Store With Equipment
Updated: Aug 30
Northome Grocery Store With Equipment

12249 2nd Street, Northome, MN 56661

$179,000
Operating grocery business established in 1960
Replacement produce, meat, and dairy cases plus a 14‑door freezer
Two walk‑in coolers, 4 deep freezers, and 2 novelty ice cream bunkers
Meat grinder, electric meat saw, slicer, and tenderizer included
LED lighting installed in 2026; POS system added in 2023
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Northome, 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.

Dollar General Absolute NNN Property
Dollar General Absolute NNN Property

307 Main Ave W, Deer River, MN 56636

Contact for pricing
9,100 sqft 1.05 AC lot

Built-to-suit retail facility occupied under an absolute triple-net lease with renewal options and scheduled rent increases.

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Grocery Anchored Virginia Mall
Grocery Anchored Virginia Mall

1401-1440 S 12th Ave W, Virginia, MN

Contact for pricing
57,248 sqft 22.38 AC lot

Thriving retail property with high occupancy and growth potential.

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Uptown Virginia Mall Investment Opportunity
Uptown Virginia Mall Investment Opportunity

1414 South 12th Avenue West |, Virginia, MN 55792

$3,797,000

Grocery-anchored mall with high occupancy and future growth potential.

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Historic RV Park with General Store
Historic RV Park with General Store

1510 Us 2 Ne, Bena, MN 56626

$2,500,000

Established RV property with convenience retail, cabins, fuel service, utilities, laundry facilities, and recreational amenities.

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Northome, MN Grocery And Convenience Stores Market Trends and Statistics

Explore 1 grocery and convenience stores for sale in Northome, MN on our real estate platform.

Sale prices for supermarkets in Northome, MN average $179,000 — 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

Grocery and convenience stores 1

Demographics Overview

Population 911
Population Growth (5Y) +5.3%
Median Household Income $68,393
College Educated 25.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56661 $179K

Taxes & Financing

Tax Rate (average for all types) 1.97%
Property Tax per SF $0.80 per SF
Tax Rate vs County Average 0.85 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Koochiching County

New Delisted

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