Listing Agency: Edina Realty, Inc. S***@edinarealty.com Show Phone

Listed By: Tara Onken · License #506560119 Show Phone

Source: Exprealty

Added: Jan 6 Changed: Aug 25 Last Checked: Sep 5 at 11:21AM

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Investment Insights

Based on property information with market context.

This for-sale restaurant and event venue includes a bar and dining area along with a spacious ballroom/conference space suitable for weddings, banquets, and corporate events. The property also includes a commercial kitchen designed for high-volume service, with a layout intended to support both daily dining and large events. The sale is described as turn-key, with all furniture, fixtures, and equipment included for continued operation.

The property is located at 1045 Craig Avenue in Tracy, MN, and is noted as hosting many annual recurring events.

The configuration supports multiple event-based uses alongside ongoing restaurant operations, with recurring programming described as an added source of repeat business.

Key Highlights

• Restaurant and event venue built in 1980
• Includes bar and dining area plus a spacious ballroom/conference space
• Commercial kitchen designed for high‑volume service

Property Analytics

Property Profile

Current Use

Caboose of Tracy Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

112

Businesses Nearby

13k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Casey's General Store Shops & Services

8,693 visits/mo 0.1 miles

Dollar General Shops & Services

3,910 visits/mo 0.2 miles

Demographics for 56175, MN

2,915

Population

1,373

Households

2.1

Avg Household Size

43

Median Age

19%

College-Educated

93%

High-School Grad

135.5 sq mi

ZIP Area

22

Density / Sq Mi

$66,506

Median Household Income

$36,286

Median Earnings

$543

Median Rent

$154,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - For sale restaurant and event venue with bar and dining area plus ballroom/conference space.

Where is this conventional restaurant located?

The property is located at 1045 Craig Ave Tracy, MN.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Restaurant and event venue built in 1980; Includes bar and dining area plus a spacious ballroom/conference space; Commercial kitchen designed for high‑volume service