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    Tofte, MN
    Grocery Store

    Tofte, MN Grocery And Convenience Stores for Sale

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    Grocery and Liquor Store Building
    Updated: May 29
    Grocery and Liquor Store Building

    7125 W Highway 61, Tofte, MN 55615

    $1,400,000
    5,528 sqft
    Tofte General Store for sale with grocery store and liquor store operations on Highway 61
    Building originally built in 1962 with 4 additions, including additions in 2020 and remodel in 2024
    Block construction with steel beams and steel roof added in 2018
    Loading dock designed for operations
    Updates include new coolers, updated POS system, and an owned ATM
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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 Tofte, 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.

    Storefront with Display Window
    Storefront with Display Window

    136 W Aurora Street, Ironwood, MI 49938

    $64,500
    2,600 sqft 0.05 AC lot

    Commercially zoned space includes open sales area, storage, forced-air heating, and a fenced yard.

    View details
    Storefront Retail Space with Display Window
    Storefront Retail Space with Display Window

    136 W Aurora Street, Ironwood, MI 49938

    $64,500
    2,600 sqft

    The interior combines open sales space with dedicated storage.

    View details
    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.

    View details
    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.

    View details

    Tofte, MN Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores for sale in Tofte, MN on our real estate platform. These investment opportunities span a total of 5,528 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for supermarkets in Tofte, MN average $1,400,000 — 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 405
    Population Growth (5Y) +113.2%
    Median Household Income $60,893
    College Educated 43.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55615 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.96%
    Property Tax per SF $85.37 per SF
    Tax Rate vs County Average 0.38 pp above county avg
    Average Loan-to-Value 65.0%

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