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    204 1St Ave Pemberton, MN 56078

    For Sale
    $285,000

    Business Opportunity - Pemberton, MN

    Days on Market:
    90
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 204 1St Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R16.20.01.377.005
    Parking features
    Driveway
    Interior features
    Partially Wheelchair, No Stairs Internal
    Accessibility
    Accessible Approach with Ramp

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Roof type
    Metal
    Architectural style
    Other

    Weichert Realtors, Community Group (507) 345-1111 [email protected]

    Listing agent RICH DRAHEIM (507) 345-1111

    Listing date Sep 17, 2025

    MLS# 7038610 Listing URL

    Copyright © 2025 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Bar Business Opportunity

    This commercial property offers a business opportunity as a restaurant and bar in a prime location along State Highway 83, situated between multiple communities. The single-story building was expanded with additions completed in 2016 and 2018. A metal roof protects the building, and a fenced patio area offers outdoor dining. There is a parking area for guests. The interior features modern amenities and design. The layout includes two bar areas and multiple seating options with tables, stools, and high-top seating. The bathroom features ceramic tile finishes. The sale includes the building, land, and existing inventory. All appliances remain with the property. The property offers possibilities to continue the current concept or transform the space. The location and included assets make this an investment for anyone seeking to enter or expand in the hospitality industry.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Spa & Massage Clothing Store Gym & Fitness Skin Care Clinic Accounting Firm Storage Facility Bar & Pub Acupuncture

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Backyard Bar & Grill, Jamie's Pemberton Pub

    Location Insight

    • Map
    • Local Demand
    City
    Pemberton
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.782542
    Latitude
    44.009196

    Nearby Similar for Sale

    • $285,000
      0.21 Acres

      Established Restaurant and Bar Opportunity

      Turnkey restaurant and bar with prime highway location and updates.
      204 1St Ave, Pemberton, MN 56078
      View Details
    • $290,000

      Pemberton Restaurant & Bar for Sale

      Established Eatery, Prime Location, High Returns
      204 1St Ave, Pemberton, MN 56078
      View Details

    FAQs

    What type of property is this?
    Bar - Turnkey restaurant and bar with prime highway location and updated interior.
    Where is this bar located?
    The property is located at 204 1St Ave Pemberton, MN.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Prime location on State Highway 83 ensures maximum accessibility.; - Turnkey opportunity includes building, land, existing inventory, and all appliances.; - Updated interior with modern amenities and two distinct bar areas.
    (507) 345-1111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 1St Ave Pemberton, MN 56078
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