Restaurant With Auxiliary
For Sale
$375,000
120 W Broadway, Little Falls, MN 56345
Business/commercial zoning accompanies an established operation with equipment, inventory, and a separate building.
Property Size5,170 SF
Price / SF$72.53
Days on Market9
Property Features for 120 W Broadway
General Information
Standard status
Active
Size
5,170 SF
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Business Included
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$5,779
Building Details
Building Size
5,170 SF
Year Built
1956
Buildings
2
Stories
1
Units
2
Listing Agency:
Central MN Realty LLC
(320) 232-9156
Listed By:
Angela Petersen
(320) 232-9156
Source:
Juverealestate
Added: Aug 1
Changed: Aug 4
Last Checked: Aug 8 at 1:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Central MN Realty LLC
Investment Insights
Based on property information with market context.
This property combines a 4,050-square-foot restaurant with an additional 1,120-square-foot building currently occupied by a beauty shop. The restaurant sale includes fixtures, equipment, and inventory, with a transition period from the current owner available if desired. The secondary building’s occupant would like to remain, providing an existing use alongside the restaurant operation.
Built in 1956, the restaurant received new flooring in its kitchen and preparation areas in 2022, along with painting and other updates in portions of the property. The beauty shop building was constructed in 1944. The property carries Business/Commercial zoning and offers an established restaurant format that could continue in its current form or be adapted to another concept supported by the improvements.
Built in 1956, the restaurant received new flooring in its kitchen and preparation areas in 2022, along with painting and other updates in portions of the property. The beauty shop building was constructed in 1944. The property carries Business/Commercial zoning and offers an established restaurant format that could continue in its current form or be adapted to another concept supported by the improvements.
Key Highlights
- 4,050 SF restaurant building with fixtures, equipment, and inventory included
- Additional 1,120 SF building currently occupied by a beauty shop
- Business/Commercial zoning
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 40%
Domino's Pizza
Dining
1,423 visits/mo
0.1 miles
BMO Harris Bank
Shops & Services
959 visits/mo
0.2 miles
Demographics for 56345, MN
15,058
Population
6,761
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
92%
High-School Grad
258.1 sq mi
ZIP Area
58
Density / Sq Mi
$57,399
Median Household Income
$40,446
Median Earnings
$751
Median Rent
$227,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Business/commercial zoning accompanies an established operation with equipment, inventory, and a separate building.
Where is this conventional restaurant located?
The property is located at 120 W Broadway Little Falls, MN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 4,050 SF restaurant building with fixtures, equipment, and inventory included; Additional 1,120 SF building currently occupied by a beauty shop; Business/Commercial zoning
