Hibachi Restaurant
For Sale
Contact for pricing
1901 Madison Avenue #315, Mankato, MN 56001
Sale includes an operating restaurant business, furnishings, kitchen equipment, bar equipment, and assignment of the existing lease.
Property SizeContact for details
Days on Market145
Property Features for 1901 Madison Avenue #315
General Information
Standard status
Active
Property subtype
Office
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Listing Agency:
True Commercial | Business Brokerage
(507) 345-8783
Listed By:
April Femrite · License #MN 40673070
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 3:58AM
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 True Commercial | Business Brokerage
Investment Insights
Based on property information with market context.
This restaurant offering includes the operating business along with its furniture, fixtures, kitchen equipment, and bar equipment. The layout features 14 hibachi stations, each seating 10, while the combined restaurant and sushi bar can serve more than 120 customers.
The property is located at 1901 Madison Avenue, Suite 315, in Mankato, Minnesota. The transaction also includes transfer of the existing lease, which runs through 2023 and provides two successive five-year renewal options.
The property is located at 1901 Madison Avenue, Suite 315, in Mankato, Minnesota. The transaction also includes transfer of the existing lease, which runs through 2023 and provides two successive five-year renewal options.
Key Highlights
- Operating restaurant business with furniture, fixtures, kitchen equipment, and bar equipment included
- 14 hibachi stations with seating for 10
- Restaurant and sushi bar accommodate more than 120 customers
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
783
Businesses Nearby
959k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 28%
Superstores 24%
Shops & Services 16%
Apparel 15%
Walmart
Superstores
126,171 visits/mo
0.2 miles
Sam's Club
Superstores
103,086 visits/mo
0.3 miles
Hy-Vee
Groceries
70,821 visits/mo
0.4 miles
T.J. Maxx
Apparel
57,457 visits/mo
0.0 miles
Kohl's
Apparel
54,852 visits/mo
0.3 miles
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
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 - Sale includes an operating restaurant business, furnishings, kitchen equipment, bar equipment, and assignment of the existing lease.
Where is this conventional restaurant located?
The property is located at 1901 Madison Avenue #315 Mankato, MN.
What are key features of this property?
This property features: Operating restaurant business with furniture, fixtures, kitchen equipment, and bar equipment included; 14 hibachi stations with seating for 10; Restaurant and sushi bar accommodate more than 120 customers
