Building Details

Year Built 1970

Buildings 1

Listing Agency: Coldwell Banker Preferred Partners

Listed By: Linda Stoll · License #40032065

Source: Tayloronken

Added: Sep 13 Last Checked: Sep 14 at 5:29PM

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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 Preferred Partners

Investment Insights

Based on property information with market context.

The property combines a restaurant and bar operation with 2,640 square feet of total space. The customer-facing area covers 1,800 square feet, while an additional 840 square feet is arranged for kitchen, preparation, storage, and cooler functions. The sale includes the business, land, building, equipment, and remaining inventory.

Built in 1970, the building is served by natural gas forced-air heat and central air conditioning. City sewer and water support the property at 219 E Frazee Ave in Vergas, Minnesota.

Key Highlights

• 2,640 SF restaurant and bar property
• 1,800 SF restaurant and bar area
• 840 SF kitchen, prep, storage, and cooler space

Property Analytics

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Current Use

Skal Vergas Restaurant

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Garden Center Bakery

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

Utilities to site

Location Intelligence

Trade Area within ½ mile

76

Businesses Nearby

2k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Marathon Petroleum Shops & Services

2,200 visits/mo 0.2 miles

Demographics for 56587, MN

1,454

Population

1,112

Households

1.3

Avg Household Size

54

Median Age

30%

College-Educated

94%

High-School Grad

53.2 sq mi

ZIP Area

27

Density / Sq Mi

$83,203

Median Household Income

$48,214

Median Earnings

$810

Median Rent

$336,800

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant property with dedicated dining, kitchen, storage, and cooling areas plus included equipment and inventory.

Where is this conventional restaurant located?

The property is located at 219 E Frazee Ave Vergas, MN.

What is the asking price?

The asking price for this property is $379,000.

What are key features of this property?

This property features: 2,640 SF restaurant and bar property; 1,800 SF restaurant and bar area; 840 SF kitchen, prep, storage, and cooler space