Turnkey Bar and
25306 Dove Lane Grand Rapids, MN 55784
25306 Dove Lane, Grand Rapids, MN, 55784
$450,000
For Sale
$450,000
Turnkey bar and grill with fully equipped kitchen, spacious bar, dining area, and plenty of parking.
Property Size3,575 SF
Price / SF$125.87
Days on Market24
Property Features for 25306 Dove Lane
General Information
- Standard status
- Active
- Size
- 3,575 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2014
Listing agency
McGregor Realty & Property
(218) 768-4647
Listed by
Donald L Haller
(218) 768-4647
Source
Juverealestate
Added: Jun 29 Updated: Jul 22 at 4:05PM Checked: Jul 22 at 4:05PM
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 McGregor Realty & Property
Investment Insights
Based on property information with market context.
Turnkey bar and grill offered for sale at Blackberry Junction. The property includes a fully equipped kitchen, a spacious bar, and dedicated dining area designed to support ongoing service. The business is presented as ready for new ownership.
Set on nearly 5 acres, the site offers plenty of parking and sits just minutes from Grand Rapids. The property is located at 25306 Dove Lane, Grand Rapids, MN 55784.
Set on nearly 5 acres, the site offers plenty of parking and sits just minutes from Grand Rapids. The property is located at 25306 Dove Lane, Grand Rapids, MN 55784.
Key Highlights
- 2014‑built bar & grill with a fully equipped kitchen
- Includes spacious bar and dining area for on‑site service
- Sits on nearly 5 acres
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.0k | $10.92 |
| − Vacancy | −$6.9k | −$1.92 |
| EGI | $32.2k | $9.00 |
| − OpEx | −$8.0k | −$2.25 |
| NOI | $24.1k | $6.75 |
3,575 SF · lease $10.92/SF/yr · vacancy 17.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$344.7K
$301.6K – $402.1K
NOI $24,126 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Blackberry Bar & Grill
Bar & Pub
LibertyX Bitcoin ATM
Atm
Similar For Sale Nearby
Similar Off Market Nearby
- Blackberry Bar & Grill — 25306 Dove Ln, Grand Rapids, MN 55744
FAQs
What type of property is this?
Bar & Pub - Turnkey bar and grill with fully equipped kitchen, spacious bar, dining area, and plenty of parking.
Where is this bar & pub located?
The property is located at 25306 Dove Lane Grand Rapids, MN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2014‑built bar & grill with a fully equipped kitchen; Includes spacious bar and dining area for on‑site service; Sits on nearly 5 acres
