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    31075 State Hwy, Unit 34 Akeley, MN 56433

    For Sale
    $899,000

    Commercial - Akeley, MN

    Days on Market:
    204
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 31075 State Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    012201520
    Parking features
    Garage, Garage - Attached
    Exterior features
    Steel Siding

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Flooring type
    Carpet, Vinyl
    Building materials
    Concrete, Frame
    Architectural style
    Other

    Wolff & Simon Real Estate (218) 237-7770 [email protected]

    Listing agent Brian Halik (218) 237-7770

    Listing date May 16, 2025

    MLS# 6722940 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Red River Bar and Grill

    The Red River Bar and Grill is a turn-key business opportunity situated on Highway 34, offering frontage. The establishment includes a fully stocked off-sale liquor store, a beer cave, and an on-sale liquor license. It features a restaurant and an event center. The property is located minutes from the Paul Bunyan State Forest, fishing lakes, and across from the Heartland Trail, in Akeley, MN.
    Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Akeley
    County
    Hubbard
    State
    Minnesota
    Longitude
    -94.71415417
    Latitude
    47.00809355

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    FAQs

    What type of property is this?
    Bar - Turn-key bar and grill with off-sale liquor and event center.
    Where is this bar located?
    The property is located at 31075 State Hwy, Unit 34 Akeley, MN.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Turn-key bar and grill business opportunity with impressive financials.; - Prime highway frontage on a bustling highway.; - Includes a fully stocked off-sale liquor store and beer cave.
    (218) 237-7770
    Request Owner's contact information
    31075 State Hwy, Unit 34 Akeley, MN 56433
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    Akeley, MN 56433
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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
    31075 State Hwy, Unit 34 Akeley, MN 56433
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