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Restaurant and Retail Marketplace
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Pending

223 E Kraft Dr, Melrose, MN 56352

Turn-key restaurant and retail space includes a full kitchen with multiple walk-in coolers and freezer.

Days on Market112

Property Features for 223 E Kraft Dr

General Information

Standard status Pending
Property subtype Retail
Listing Agency: HSC Business Brokers
Listed By: Jerry Vlaminck · License #MN
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 31 at 3:59PM

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 HSC Business Brokers

Investment Insights

Based on property information with market context.

Built from the ground up in 2012, this True North Marketplace in Melrose combines a restaurant/cafe with an adjoining retail store. The property features approximately 5,150 square feet dedicated to the restaurant/cafe and about 1,250 square feet for retail. The interior includes barn wood and knotty pine finishes, soft Edison lighting, and a stone fireplace centerpiece.

The restaurant is supported by a large kitchen with two walk-in coolers and a walk-in freezer. The retail portion is currently occupied by Decor & More, specializing in locally crafted gifts.

This offering is available for sale, and seller financing is noted as available. The listing price is indicated as below taxable market value.

Key Highlights

  • Built in 2012: True North Marketplace (formerly Cornerstone Buffet) in Melrose
  • Total 6,400 SF space with 5,150 SF dedicated to restaurant/café
  • Restaurant/café includes a large kitchen plus 2 walk‑in coolers and a walk‑in freezer

Property Analytics

Current Use

True North Marketplace-Cornerstone ... Restaurant Décor & More from ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Restaurant Storage Facility Kitchen & Bath Showroom Hair Salon HVAC Service

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

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby
Balanced
Demand for This Use

Demographics for 56352, MN

5,775
Population
2,656
Households
2.2
Avg Household Size
39
Median Age
19%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
53
Density / Sq Mi
$71,356
Median Household Income
$43,909
Median Earnings
$1,047
Median Rent
$225,100
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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Similar Off Market Nearby

  • Steam Brew, Inc — 301 E Main St, Melrose, MN 56352

Frequently Asked Questions

What type of property is this?
Coffee shop - Turn-key restaurant and retail space includes a full kitchen with multiple walk-in coolers and freezer.
Where is this coffee shop located?
The property is located at 223 E Kraft Dr Melrose, MN.
What are key features of this property?
This property features: Built in 2012: True North Marketplace (formerly Cornerstone Buffet) in Melrose; Total 6,400 SF space with 5,150 SF dedicated to restaurant/café; Restaurant/café includes a large kitchen plus 2 walk‑in coolers and a walk‑in freezer
More about this property
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