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    20811 County Road 82 Evansville, MN 56326

    Sponsored
    For Sale
    $389,900

    Turnkey Restaurant, Established Business, High Potential

    Property size:
    4,874 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional opportunity presents a thriving restaurant and bar located at 20811 County Road 82 NW, Evansville, MN. Boasting 4,874 square feet on a 0.39-acre lot, this well-established business enjoys a strong reputation for its high-quality food, welcoming atmosphere, and excellent service, attracting both local residents and tourists. A key feature is a versatile event space, perfect for private functions and community gatherings, providing a significant additional revenue stream. The sale includes a fully equipped commercial kitchen, recently installed rooftop unit, and all necessary restaurant supplies and inventory. The current owners are also including their popular, proven menu and recipes, ensuring a seamless transition and the retention of a loyal customer base. This turnkey operation is ideally suited for both experienced restaurateurs seeking expansion and first-time buyers looking for a well-established business with significant growth potential. The asking price is $389,900. This is a rare chance to acquire a profitable business with strong community connections and a bright future.

    Property Features for 20811 County Road 82

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,874 SF
    Lot Size
    16,988 SF

    Building Details

    Year Built
    1981
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Skin Care Clinic Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.68703
    Latitude
    46.0051

    Nearby Similar for Sale

    • New
      $115,000
      0.11 Acres

      Versatile Commercial Property in Evansville

      8,000+ sq ft commercial property in downtown Evansville, Minnesota.
      115 State St, Evansville, MN 56326
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Restaurant, Established Business, High Potential
    Where is this commercial real estate located?
    The property is located at 20811 County Road 82 Evansville, MN.
    What is the asking price?
    The asking price for this property is $389,900.
    (320) 219-7678
    Request Owner's contact information
    20811 County Road 82 Evansville, MN 56326
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    Evansville, MN 56326
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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
    20811 County Road 82 Evansville, MN 56326
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