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    32598 482Nd Ave Salol, MN 56756

    Sponsored
    For Sale
    $499,000

    Profitable Convenience Store & Home

    Property size:
    1,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity encompasses a thriving convenience store and attached residential property in Salol, MN. Located on State Highway 11 between Roseau and Warroad, the "Salol One-Stop" enjoys a prime location serving a wide customer base. The 1,200 square foot convenience store offers a diverse range of products including gas, groceries, snacks, tobacco, liquor, and fishing tackle, catering to the needs of the local community. A comprehensive remodel was completed in 2021, with further significant upgrades implemented since then. The store's strong profitability is evident in its consistent customer focus and diverse product offerings. Included in the sale is a 3-bedroom, 2-bathroom home, currently leased to a tenant until October 2025, providing additional income potential. The property also boasts a detached, heated double-car garage and a covered lean-to, offering ample storage space. The 0.56-acre lot provides ample space for the existing buildings and potential future expansion. Detailed financial information is available upon request for qualified buyers. This turnkey business presents a rare opportunity to acquire a profitable, established enterprise with significant growth potential. Don't miss this chance to own a piece of Salol's thriving commercial landscape.

    Property Features for 32598 482Nd Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,200 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1966
    Property Profile Location Intelligence

    Current Use by Public Records

    Salol One Stop Convenience Store

    Suggested Use

    Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salol
    County
    Roseau
    State
    Minnesota
    Longitude
    -95.56816
    Latitude
    48.86628

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable Convenience Store & Home
    Where is this commercial real estate located?
    The property is located at 32598 482Nd Ave Salol, MN.
    What is the asking price?
    The asking price for this property is $499,000.
    (218) 463-3148
    Request Owner's contact information
    32598 482Nd Ave Salol, MN 56756
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    Salol, MN 56756
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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
    32598 482Nd Ave Salol, MN 56756
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