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    510 3Rd St N Brook Park, MN 55007

    Under Contract
    For Sale
    $499,000

    Commercial - Brook Park, MN

    Lot size:
    0.62 Acres
    Days on Market:
    215
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 510 3Rd St N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Business/Commercial
    APN
    0350010000
    Parking features
    Driveway, Parking Lot, Paved or Surfaced, RV
    Exterior features
    Steel Siding
    Lot size
    0.62 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1951
    Architectural style
    Other

    Local Realty Inc (320) 279-0087 [email protected]

    Listing agent Luke Hegge (320) 279-0087

    Listing date May 13, 2025

    MLS# 6710098 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

    Brook Park Commercial Opportunity

    This commercial property in Brook Park, MN, presents an amazing business opportunity. Situated on Highway 23, between Mora and Hinckley, the property includes a gas station with updated pumps set for 24-hour pay at the pump. The bar and restaurant have been updated and feature new kitchen equipment and a hood. The 0.62-acre property is zoned for Business/Commercial use. The previous owner's business grossed over $2.6 million annually from gas, convenience store, restaurant, bar, and off-sale liquor sales. This property offers potential for various business ventures in a great location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Convenience Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Brook Park
    County
    Pine
    State
    Minnesota
    Longitude
    -93.072765
    Latitude
    45.950713

    FAQs

    What type of property is this?
    Gas station - Gas station, bar, restaurant, and convenience store on Highway 23.
    Where is this gas station located?
    The property is located at 510 3Rd St N Brook Park, MN.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Updated gas pumps are ready for 24-hour pay at the pump service.; - The bar/restaurant has been updated with new kitchen equipment and hood.; - Business previously grossed over $2.6 million annually from gas, convenience store, restaurant, bar, and off-sale liquor.
    (320) 279-0087
    Request Owner's contact information
    510 3Rd St N Brook Park, MN 55007
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    Brook Park, MN 55007
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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
    510 3Rd St N Brook Park, MN 55007
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