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Property profile & analytics
OFF-MARKET
Commercial real estate

140 1st S St Hackensack, MN 56452-2651

1,791 SF
Individually Owned 5-yr Hold Free & Clear
Property ID
US46-1284349
Property summary
AI-generated overview

This exceptional investment opportunity in Hackensack, MN, presents a thriving restaurant business, a profitable duplex, and a billboard lease – all in one package! The 3,890 square foot property includes a well-established pizza restaurant, complete with all equipment, retail shelving, and inventory. The restaurant is renowned for its delicious pizza, extensive selection of retro candy, and unique gift offerings. Significant expansion potential exists, thanks to a large patio and ample outdoor space. Adding to the income stream is a duplex featuring two one-bedroom, three-quarter bathroom units, each with its own charm. A convenient attached two-car garage and shared laundry room cater to the tenants' needs. The property's prime location across from the city park and Birch Lake, adjacent to an ice cream shop and brewery, creates a vibrant and family-friendly atmosphere. The included billboard lease south of town provides additional passive income. This unique combination of established business, rental income, and prime location offers a compelling investment opportunity with substantial upside. The 0.01-acre lot provides ample space for the existing buildings and outdoor areas. This is a rare chance to acquire a turnkey operation with immediate cash flow and significant growth potential in a thriving community. Don't miss this chance to own a piece of Hackensack's vibrant business scene.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 1,791 SF
APN 89-337-0640
UPID US46-1284349
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
John M Chuba · 5 yrs held
John M Chuba
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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