Search
Restaurant with Upper Apartment
For Sale
Contact for pricing
Pending

205 Main Avenue, Park Rapids, MN 56470

Established restaurant with included equipment and an upstairs apartment suitable for owner occupancy or additional income.

Property SizeContact for details
Days on Market143

Property Features for 205 Main Avenue

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Equipment Included Yes
Listing Agency: Coldwell Banker Clack & Dennis Real Estate
Listed By: Kelli Johnson · License #MN
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 5:14AM

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 Coldwell Banker Clack & Dennis Real Estate

Investment Insights

Based on property information with market context.

This conventional restaurant property includes the operating equipment needed for food service, including refrigerators, freezers, an ice machine, malt machines, a washer, and a dryer. The business dates to 1926, providing an established foundation for continued operation or a future renovation.

An upper-level apartment contains 2 bedrooms and 1 bathroom. The residential space can support owner occupancy or generate additional income, subject to applicable requirements. The property is located at 205 Main Avenue in Park Rapids, Minnesota.

Key Highlights

  • Restaurant established in 1926
  • Included refrigerators, freezers, ice machine, and malt machines
  • Washer and dryer included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Bakery Electrical Service Real Estate Agency Carpet & Flooring Store

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

815
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 67% Groceries 16% Shops & Services 14% Apparel 3%
McDonald's Dining
15,276 visits/mo 0.1 miles
Coborn's Groceries
9,230 visits/mo 0.1 miles
Burger King Dining
8,595 visits/mo 0.3 miles
Casey's General Store Shops & Services
7,588 visits/mo 0.3 miles
Scooter's Coffee Dining
7,507 visits/mo 0.1 miles

Demographics for 56470, MN

10,668
Population
7,478
Households
1.4
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
382.5 sq mi
ZIP Area
28
Density / Sq Mi
$68,351
Median Household Income
$37,044
Median Earnings
$929
Median Rent
$260,500
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant with included equipment and an upstairs apartment suitable for owner occupancy or additional income.
Where is this conventional restaurant located?
The property is located at 205 Main Avenue Park Rapids, MN.
What are key features of this property?
This property features: Restaurant established in 1926; Included refrigerators, freezers, ice machine, and malt machines; Washer and dryer included
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message