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    432 State 6 Outing, MN 56662

    Sponsored
    For Sale
    $295,000

    Restaurant, Liquor Store, Huge Potential

    Property size:
    3,100 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    345
    This exceptional 3,100 square foot commercial property, situated on a 0.33-acre lot at 432 State Highway 6 NE in Outing, Minnesota, presents a unique investment opportunity. Currently operating as a thriving restaurant and liquor store, this established business enjoys a prime location directly off scenic Highway 6, placing it in the heart of the popular Outing Lakes area. Its strategic position across the highway from public docks and Roosevelt Lake ensures high visibility and convenient access for customers. The building's versatile layout offers significant potential for a variety of commercial uses, allowing for continuation of the existing business or the implementation of a new venture. The property's history includes previous operation as a grocery store, demonstrating its adaptability to diverse business models. The substantial square footage provides ample space for operations, storage, and potential expansion. This turnkey opportunity combines a proven business model with a highly desirable location, making it an attractive investment for entrepreneurs seeking a profitable enterprise in a thriving recreational area. The property's location near the lake and public docks offers significant foot traffic and visibility, ensuring a strong customer base. This is a rare chance to acquire a well-established business with significant growth potential in a sought-after Minnesota lakeside community. The sale includes the building and existing business operations.

    Property Features for 432 State 6

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,100 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Hotel & Motel Storage Facility Grocery Store Bar & Pub Bed & Breakfast Wine and Liquor Store Tailor Shop Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Outing
    County
    Cass
    State
    Minnesota
    Longitude
    -93.94308
    Latitude
    46.81931

    Nearby Comparable

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    • $242,884
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      Roosevelt Lake Wooded Lakeshore Lot

      Undeveloped .74 acre wooded lakeshore lot on Roosevelt Lake.
      5585 Woods Bay Dr NE, Outing, MN 56662
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    • $349,000
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      Commercial Property in Emily, MN

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    FAQs

    What type of property is this?
    Commercial real estate - Restaurant, Liquor Store, Huge Potential
    Where is this commercial real estate located?
    The property is located at 432 State 6 Outing, MN.
    What is the asking price?
    The asking price for this property is $295,000.
    (218) 828-7000
    Request Owner's contact information
    432 State 6 Outing, MN 56662
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    Outing, MN 56662
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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
    432 State 6 Outing, MN 56662
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