Building Details

Year Built 1960

Listing Agency: Lakeside Realty Group m***@hometwincities.com Show Phone

Listed By: The Antonov Group Show Phone

Source: Theantonovgroup

Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 2:54PM

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Investment Insights

Based on property information with market context.

Northome Grocery is an operating grocery business established in 1960, with equipment and fixtures supporting produce, meat, dairy, frozen foods, bakery, and deli operations. Recent improvements include replacement produce, meat, and dairy cases, a 14-door freezer, LED lighting installed in 2026, and a POS system added in 2023. The property also includes two walk-in coolers, four deep freezers, two novelty ice cream bunkers, a four-shelf wooden bakery merchandiser, and a 36-inch deli case.

Meat-processing equipment includes a grinder, electric meat saw, slicer, and tenderizer. The business is located near Hwy 46 and includes additional space identified for uses such as a gift shop, deli, coffee shop, bakery, ice cream shop, or expanded grocery area. The current owner is willing to assist with the transition, and existing employees are in place.

Key Highlights

• Operating grocery business established in 1960
• Replacement produce, meat, and dairy cases plus a 14‑door freezer
• Two walk‑in coolers, 4 deep freezers, and 2 novelty ice cream bunkers

Property Analytics

Property Profile

Current Use

Northome Grocery Grocery & Convenience Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Building Supply Auto Repair Shop Grocery & Convenience Store Food Market

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

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

55

Businesses Nearby

3k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 65% Home Improvements & Furnishings 35%

Marathon Petroleum Shops & Services

1,820 visits/mo 0.1 miles

Northome True Value Home Improvements & Furnishings

986 visits/mo 0.1 miles

Demographics for 56661, MN

880

Population

683

Households

1.3

Avg Household Size

55

Median Age

20%

College-Educated

96%

High-School Grad

371.4 sq mi

ZIP Area

2

Density / Sq Mi

$68,393

Median Household Income

$33,750

Median Earnings

$650

Median Rent

$185,200

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

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Operating grocery business with updated refrigeration, meat-processing equipment, deli fixtures, and additional space for expansion.

Where is this grocery and convenience store located?

The property is located at 12249 2nd Street Northome, MN.

What is the asking price?

The asking price for this property is $179,000.

What are key features of this property?

This property features: Operating grocery business established in 1960; Replacement produce, meat, and dairy cases plus a 14‑door freezer; Two walk‑in coolers, 4 deep freezers, and 2 novelty ice cream bunkers