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Turn-Key Restaurant with Kitchen

1022 4th Street SE #100 Saint Cloud, MN 56304

1022 4th Street SE #100, Saint Cloud, MN, 56304
$950,000
For Sale
Claim this Listing
$950,000

Previously operated as a restaurant and includes a full commercial kitchen with included equipment and furnishings.

Property Size4,887 SF
Price / SF$194.39
AddedMay 28
Days on Market50
Last RefreshJul 15 at 5:38 pm

Property Features for 1022 4th Street SE #100

General Information

Standard status
Active
Size
4,887 SF
Property subtype
Commercial

Building Details

Year Built
2004

Listing office Premier Real Estate Services

Listing date May 28, 2026

Source Juverealestate

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Premier Real Estate Services


Investment Insights

Based on property information with market context.

This commercial property was previously used as a restaurant and features a full commercial kitchen. The sale includes the equipment and furnishings, offering a turn-key setup for an operator looking for an existing restaurant-ready buildout.

The property is located at 1022 4th Street SE #100 in Saint Cloud, Minnesota.

Key Highlights

  • Built in 2004
  • Previously operated as a restaurant
  • Includes a full commercial kitchen

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $102.6k $21.00
− Vacancy −$6.2k −$1.26
EGI $96.5k $19.74
− OpEx −$24.1k −$4.94
NOI $72.4k $14.81
4,887 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.03M
$904.4K – $1.21M (±1% cap)
NOI $72,352 @ 7.0% cap · market cap 7.62%
Second Best
Industrial
$758.4K
$663.6K – $884.9K (±1% cap)
NOI $53,091 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,616 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Dental Office Big Box & Wholesale Store Spa & Massage Center Hair Salon Nail Salon Skin Care Clinic Electrical Service Storage Facility Law Firm

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

FAQs

What type of property is this?
Conventional restaurant - Previously operated as a restaurant and includes a full commercial kitchen with included equipment and furnishings.
Where is this conventional restaurant located?
The property is located at 1022 4th Street SE #100 Saint Cloud, MN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Built in 2004; Previously operated as a restaurant; Includes a full commercial kitchen
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