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    15115 Edgewood Dr Baxter, MN 56401

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    For Sale
    $1,700,000

    Restaurant building on a bustling highway corridor in Baxter, MN.

    Property size:
    6,802 SF
    Lot size:
    1.77 Acres

    Property Features for 15115 Edgewood Dr

    General Information

    Size
    6,802 SF
    Lot size
    1.77 Acres

    Source: Close-Converse Commercial Properties Agent Christopher C. Close

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Restaurant Building on Highway

    The former Prairie Bay building, a restaurant property located along the Hwy 371 corridor in Baxter, Minnesota, is available for purchase. The property, previously a local catering business, offers multiple dining areas, a bar with seating, and a commercial kitchen equipped with a pizza oven. The building has a total area of 6,802 square feet and is suitable for creating a dining experience or a culinary hub.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

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

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

    Similar Places Nearby

    Firehouse Subs Northwoods Crossing

    Location Insight

    • Map
    • Local Demand
    City
    Baxter
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -94.2448779
    Latitude
    46.3706125

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    FAQs

    What type of property is this?
    Restaurant - Restaurant building on a bustling highway corridor in Baxter, MN.
    Where is this restaurant located?
    The property is located at 15115 Edgewood Dr Baxter, MN.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Fully-equipped commercial kitchen with **pizza oven**.; - Multiple stylish dining areas and a charming bar.; - Located on the bustling Hwy 371 corridor in Baxter.
    (218) 831-7510
    Request Owner's contact information
    15115 Edgewood Dr Baxter, MN 56401
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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
    15115 Edgewood Dr Baxter, MN 56401
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