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    314 Main St Littlefork, MN 56653

    Sponsored
    For Sale
    $175,000

    Charming Restaurant, Established Clientele, Liquor License

    Property size:
    2,480 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional opportunity presents a fully operational restaurant located at 314 Main Street in the inviting community of Littlefork, Minnesota. The property boasts a generous 2,480 square feet of interior space, ideal for both dining and operational needs. Recent equipment upgrades enhance efficiency and functionality. A significant advantage is the inclusion of a valid liquor license, opening avenues for increased revenue streams. The property also includes a sizable 0.25-acre lot adjacent to the building, providing ample space for outdoor seating, creating a welcoming atmosphere for patrons to enjoy. This established business benefits from a loyal customer base, providing a solid foundation for continued success. The asking price for this turnkey operation is $175,000. This presents a rare chance to acquire a thriving restaurant with existing infrastructure and a built-in customer base, minimizing the start-up challenges often associated with new ventures. The property is ready for immediate operation, allowing the new owner to focus on building upon the existing success. Further images will be available shortly. Don't miss this chance to own your own thriving business in a desirable location.

    Property Features for 314 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,480 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Wholesale Shop Auto Repair Shop Building Supply Hotel & Motel Kitchen & Bath Bar & Pub Food Market Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Littlefork
    County
    Koochiching
    State
    Minnesota
    Longitude
    -93.55709
    Latitude
    48.39649

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Charming Restaurant, Established Clientele, Liquor License
    Where is this commercial real estate located?
    The property is located at 314 Main St Littlefork, MN.
    What is the asking price?
    The asking price for this property is $175,000.
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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
    314 Main St Littlefork, MN 56653
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