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    48220 Reserve Trl Bemidji, MN 56601

    Sponsored
    For Sale
    $419,900

    Established Bar & Restaurant, Turnkey Operation

    Property size:
    3,664 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 3,664 square foot bar and restaurant, situated on a sprawling 9-acre lot in Hubbard County, just outside Bemidji, Minnesota, presents a unique investment opportunity. A beloved community fixture for years, this property seamlessly blends classic charm with modern functionality. Recent upgrades significantly enhance its operational efficiency and appeal. These improvements include a brand new septic system, a state-of-the-art ice machine, and newly installed condensers for the freezer, roll-top cooler, and salad bar. A new water heater further contributes to the property's updated infrastructure. The property boasts a fully equipped commercial kitchen, ready to handle high-volume service. A large bar and dining area provide ample space for patrons, complemented by an inviting outdoor bar and a spacious patio, ideal for enjoying the beautiful Minnesota landscape. A highlight is the impressive pavilion featuring a screened area, perfect for hosting events and gatherings in a relaxed, outdoor setting. The property's location near trails and lakes offers additional recreational opportunities and enhances its overall desirability. This turnkey operation is offered at $419,900 and represents a rare chance to acquire an established and thriving business with significant growth potential.

    Property Features for 48220 Reserve Trl

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,664 SF
    Lot Size
    392,040 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Bemidji
    County
    Hubbard
    State
    Minnesota
    Longitude
    -94.93193
    Latitude
    47.35715

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    FAQs

    What type of property is this?
    Commercial real estate - Established Bar & Restaurant, Turnkey Operation
    Where is this commercial real estate located?
    The property is located at 48220 Reserve Trl Bemidji, MN.
    What is the asking price?
    The asking price for this property is $419,900.
    (218) 214-3853
    Request Owner's contact information
    48220 Reserve Trl Bemidji, MN 56601
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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
    48220 Reserve Trl Bemidji, MN 56601
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