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Restaurant Building With Upstairs Space
For Sale
$390,000

201 S 3rd St., Virginia, MN 55792

COMMERCIAL/INDUSTRIAL, Virginia, MN

Property SizeContact for details
Days on Market50

Property Features for 201 S 3rd St.

General Information

Property type Commercial Sale
Property subtype Other
Zoning B1
Lot features Corner Lot, Downtown Area
Subdivision Virginia
Standard status Active

Utilities

Heating system Steam

Building Details

Year built 1965
Building materials Wood Frame
Roof type Shingle
Listing Agency: Culbert Realty
Listed By: Nicole Culbert-Dahl
Added: Jul 28 Changed: Sep 10 Last Checked: Sep 15 at 4:06AM
MLS# 150439

Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property in Virginia, MN includes the building, equipment, fixtures, and a functional kitchen arranged for ongoing food-service operations. An upstairs apartment is currently configured as office space and a staff break room, while retaining residential potential. Customer parking and convenient access support the property’s restaurant use.

The building was constructed in 1965 with wood-frame construction, a shingle roof, and steam heating. Located at 201 S 3rd St., the property is zoned B1 and offers an existing commercial setup for continued restaurant operations or a new concept.

Key Highlights

  • Restaurant building with equipment and fixtures included
  • Functional kitchen configured for food‑service operations
  • Upstairs apartment currently used for office space and a staff break room

Property Analytics

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Current Use

Dave's Pizza Restaurant

Suggested Use

Top Pick Real Estate Agency HVAC Service Plumbing Service Garden Center Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Dining 18% Hotels & Casinos 9% Home Improvements & Furnishings 6%
Holiday Station Store Shops & Services
6,231 visits/mo 0.4 miles
Cenex Shops & Services
3,769 visits/mo 0.5 miles
Domino's Pizza Dining
2,511 visits/mo 0.2 miles
Marathon Shops & Services
2,205 visits/mo 0.3 miles
Quality Inn & Suites Hotels & Casinos
2,195 visits/mo 0.3 miles

Demographics for 55792, MN

9,827
Population
5,628
Households
1.7
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
103
Density / Sq Mi
$50,616
Median Household Income
$40,275
Median Earnings
$795
Median Rent
$128,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a functional kitchen, installed equipment, fixtures, and customer parking.
Where is this conventional restaurant located?
The property is located at 201 S 3rd St. Virginia, MN.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Restaurant building with equipment and fixtures included; Functional kitchen configured for food‑service operations; Upstairs apartment currently used for office space and a staff break room
More about this property
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