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    60 Highway 4 S Melrose, MN 56352

    For Sale
    $129,900

    Commercial - Melrose, MN

    Lot size:
    0.03 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 60 Highway 4 S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    64358390000
    Exterior features
    Wood
    Appliances
    Cooktop, Dishwasher, Freezer, Microwave, Refrigerator, Washer, Water - Softener
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Ductless

    Building Details

    Year built
    1910
    Flooring type
    Carpet, Linoleum, Tile, Vinyl
    Building materials
    Block, Concrete, Frame
    Roof type
    Asphalt, Rubber, Shingle
    Architectural style
    Other

    EXP REALTY (612) 751-9303 [email protected]

    Listing agent Chad Schwendeman (612) 751-9303

    Listing date Oct 21, 2025

    MLS# 6741590 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

    Established Bar & Grill Opportunity

    This is a business opportunity featuring a well-established bar and grill. The property is a turn-key setup; adding a liquor license will allow for immediate operation. The location has a proven, established customer base. Recent updates have been made throughout the property. Features include a fully equipped kitchen, bar, and dining area. The property is ideal for new business owners or seasoned operators. This is a fully operational space with excellent growth potential. The property is located in Melrose, Minnesota, in Stearns County. The lot size is 0.03 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Auto Repair Shop Bar & Pub Convenience Store

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

    Similar Places Nearby

    Lucky's Bar & Grill, CB’s Bar & Grill

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.86925176
    Latitude
    45.62826762

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    FAQs

    What type of property is this?
    Bar - Turn-key bar and grill with proven customer base.
    Where is this bar located?
    The property is located at 60 Highway 4 S Melrose, MN.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: - Turn-key Bar & Grill: Fully equipped and ready for operation with minimal setup (liquor license required).; - Established Customer Base: Proven location with an existing clientele.; - Fully Equipped Kitchen, Bar, and Dining Area: Comprehensive setup for immediate service.
    (612) 751-9303
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    60 Highway 4 S Melrose, MN 56352
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    Melrose, MN 56352
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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
    60 Highway 4 S Melrose, MN 56352
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