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    101 5Th St Walker, MN 56484

    Sponsored
    For Sale
    $575,000

    Established Restaurant, 4 Apartments, High Traffic

    Property size:
    6,540 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property at 101 5th Street N in Walker, Minnesota presents a unique investment opportunity. The 6,540 square foot building houses a thriving, long-established restaurant and bar boasting a loyal customer base and excellent reputation for quality food and service. Its prime location sits directly on a busy biking/hiking and snowmobile trail, ensuring high visibility and convenient access for patrons. Ample parking is available on-site. The sale includes all business assets: equipment, menus, and signage, providing a turnkey operation for the new owner. Adding to the property's appeal are four income-generating apartments located upstairs. One apartment offers two bedrooms, while three others provide one bedroom each. These furnished units offer immediate rental income potential, providing flexibility for on-site living or additional revenue streams. This turnkey business, with its established clientele and multiple income sources, presents a compelling opportunity for growth and profitability within the vibrant Walker community. The property is offered at $575,000. This is a rare chance to acquire a well-established business with significant upside potential.

    Property Features for 101 5Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,540 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Wholesale Shop Dental Office Law Firm Spa & Massage Auto Repair Shop Hair Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Walker
    County
    Cass
    State
    Minnesota
    Longitude
    -94.58202
    Latitude
    47.1019

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, 4 Apartments, High Traffic
    Where is this commercial real estate located?
    The property is located at 101 5Th St Walker, MN.
    What is the asking price?
    The asking price for this property is $575,000.
    (218) 363-2306
    Request Owner's contact information
    101 5Th St Walker, MN 56484
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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
    101 5Th St Walker, MN 56484
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