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    228 Main St Marshall, MN 56258

    Sponsored
    For Sale
    $870,000

    Established Restaurant, Prime Location, High Potential

    Property size:
    4,963 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional turnkey restaurant opportunity presents a rare chance to acquire a well-established culinary landmark in the heart of Marshall, Minnesota. Located at 228 W Main Street, this property boasts a substantial 4,963 square feet of space situated on a 0.13-acre lot. The Hunan Lion restaurant has operated successfully for over three decades, building a loyal customer base and strong reputation within the community. The sale includes a fully equipped commercial kitchen featuring modern amenities, ready for immediate operation. This is a truly turnkey operation, minimizing the start-up costs and time required for a new owner to begin generating revenue. The existing building offers significant potential for expansion and increased profitability. The upper story presents a viable opportunity for renovation, potentially adding additional seating, office space, or residential units, further enhancing the property's value and income stream. This is an ideal investment for experienced restaurateurs or entrepreneurs seeking a proven business model in a thriving community. The asking price for this remarkable property is $870,000. Don't miss this unique chance to own a piece of Marshall's culinary history and secure a promising future in the vibrant restaurant industry. The property's prime location and established reputation make it an exceptional investment opportunity with significant upside potential.

    Property Features for 228 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,963 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1933
    Property Profile Location Intelligence

    Current Use by Public Records

    Hunan Lion Restaurant Chinese Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshall
    County
    Lyon
    State
    Minnesota
    Longitude
    -95.78915
    Latitude
    44.44744

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, Prime Location, High Potential
    Where is this commercial real estate located?
    The property is located at 228 Main St Marshall, MN.
    What is the asking price?
    The asking price for this property is $870,000.
    (507) 337-6683
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    228 Main St Marshall, MN 56258
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    Marshall, MN 56258
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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
    228 Main St Marshall, MN 56258
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