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Restaurant with Indoor Event Space
For Sale
$252,500

555 Front Street W, Morgan, MN 56266

Commercial Sale, Morgan, MN

Property SizeContact for details
Lot Size0.57 Acres
Days on Market23

Property Features for 555 Front Street W

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Garage - Detached, Parking Lot
Patio and Porch features Patio
Accessibility Accessible Approach with Ramp
Appliances Cooktop, Dishwasher, Freezer, Indoor Grill, Microwave, Refrigerator, Stainless Steel Appliances
Lot features Cleared, Corner Lot
High school district Cedar Mountain
Directions MN Hwy 67 or 68 to property
Standard status Active
APN 862001290
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4216

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

indoor event space

Building Details

Year built 1976
Roof type Shingle
Listing Agency: Kerkhoff Auction & Real Estate
Listed By: Samantha Pendleton
Added: Sep 4 Changed: Sep 24 Last Checked: Sep 26 at 11:06AM
MLS# 7139066

Copyright © 2026 Northstar MLS. 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 commercial restaurant property occupies 0.567 acres and includes an indoor event area, patio, parking lot, and detached garage. The property was built in 1976 and features a shingle roof, forced-air heating, and central air conditioning. An accessible approach with ramp supports entry, while the existing equipment package includes a cooktop, dishwasher, freezer, indoor grill, microwave, refrigerator, and stainless steel appliances.

Located at 555 Front Street W in Morgan, Minnesota, the property sits along a main road and includes outdoor space for seasonal use. The combination of restaurant improvements, event space, patio, and on-site parking supports a range of food-service and gathering functions.

Key Highlights

  • 0.567‑acre commercial restaurant property
  • Indoor event space with patio
  • Cooktop, dishwasher, freezer, indoor grill, microwave, and refrigerator included

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Auto Repair Shop Building Supply Plumbing Service Grocery & Convenience Store Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Cenex Shops & Services
2,866 visits/mo 0.1 miles

Demographics for 56266, MN

1,510
Population
661
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
93%
High-School Grad
99.5 sq mi
ZIP Area
15
Density / Sq Mi
$70,000
Median Household Income
$42,159
Median Earnings
$1,036
Median Rent
$135,000
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial restaurant with patio, kitchen equipment, and on-site parking.
Where is this conventional restaurant located?
The property is located at 555 Front Street W Morgan, MN.
What is the asking price?
The asking price for this property is $252,500.
What are key features of this property?
This property features: 0.567‑acre commercial restaurant property; Indoor event space with patio; Cooktop, dishwasher, freezer, indoor grill, microwave, and refrigerator included
More about this property
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