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Turnkey Restaurant and Grocery
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121 Main Avenue, Hoffman, MN 56339

Turnkey restaurant and grocery store with a separate entrance and city approval for beer/wine licensing.

Days on Market108

Property Features for 121 Main Avenue

General Information

Standard status Active
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Year Built 1900
Listing Agency: Century 21 Vista
Listed By: Daniel Ness · License #MN
Source: Crexi
Added: Apr 16 Changed: Jul 20 Last Checked: Jul 31 at 5:42AM

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 Century 21 Vista

Investment Insights

Based on property information with market context.

This established, turnkey property combines a restaurant and a grocery store in one commercial setup. Public remarks indicate ample space to support expanded operations, and the layout includes a separate entrance already in place.

The property is located downtown on Main Avenue in the heart of the city (121 Main Avenue, Hoffman, MN 56339). Public remarks also state that city approval is already in place to move forward with licensing for beer/wine.

From a tenant or operator standpoint, the current configuration is presented as ready for immediate business use, with additional flexibility described through the on-site space and separate entrance.

Key Highlights

  • Turnkey restaurant and grocery store located downtown on Main Ave in the heart of the city
  • Separate entrance already in place for added flexibility of use
  • City approval already in place to move forward with beer/wine licensing

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Plumbing Service Garden Center Dental Office (Bike/Boat/Book/etc) Store Butcher

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

97
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Hoffman Shops & Services
9,401 visits/mo 0.3 miles

Demographics for 56339, MN

1,136
Population
579
Households
2
Avg Household Size
39
Median Age
18%
College-Educated
93%
High-School Grad
60.9 sq mi
ZIP Area
19
Density / Sq Mi
$57,143
Median Household Income
$40,052
Median Earnings
$769
Median Rent
$195,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant and grocery store with a separate entrance and city approval for beer/wine licensing.
Where is this conventional restaurant located?
The property is located at 121 Main Avenue Hoffman, MN.
What is the asking price?
The asking price for this property is $284,000.
What are key features of this property?
This property features: Turnkey restaurant and grocery store located downtown on Main Ave in the heart of the city; Separate entrance already in place for added flexibility of use; City approval already in place to move forward with beer/wine licensing
(218) 770-6714 Call to check price and availability
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