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Pizzeria with Patio Seating

41 N Broadway, Pelican Rapids, MN 56572

For Sale
$275,000
Pending

The offering includes a seasonal event snack shack, kitchen equipment, and a second parcel with outdoor seating.

Property SizeContact for details
Days on Market48

Property Features for 41 N Broadway

General Information

Standard status Pending
Property subtype Commercial

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Business Included Yes
Currently Operating Yes

Amenities

seasonal snack shack

Building Details

Year Built 1912
Listing Agency: RE/MAX Advantage Plus
Listed By: Michael Carlson · License MN #40572246
Source: Ashworthre
Added: Sep 24 Changed: Nov 9 Last Checked: Nov 9 at 6:37AM

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 RE/MAX Advantage Plus

Rey
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Investment Insights

Based on property information with market context.

This restaurant property in Pelican Rapids includes a pizzeria offering dine-in, takeout, delivery, and patio seating. The menu extends beyond pizza, and the sale includes kitchen equipment, cheese and spice blends, and a seasonal snack shack used for special events. The building dates to 1912, and the business has operated since 2020.

Street parking is available in front, with public parking behind the property. A second parcel adjacent to the pizzeria provides additional outdoor seating. The sale also includes an established website and Facebook following. The restaurant is expected to continue operating during the listing and sale.

Key Highlights

  • Pizzeria operating since 2020
  • Dine‑in, takeout, delivery, and patio seating
  • Sale includes kitchen equipment and exclusive cheese and spice blends

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Real Estate Agency Storage Facility Furniture & Home Goods Auto Parts 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Cenex Shops & Services
4,934 visits/mo 0.2 miles
Hele Shops & Services
2,999 visits/mo 0.2 miles
Wells Fargo Shops & Services
2,708 visits/mo 0.1 miles

Demographics for 56572, MN

5,747
Population
4,191
Households
1.4
Avg Household Size
46
Median Age
29%
College-Educated
89%
High-School Grad
171.4 sq mi
ZIP Area
34
Density / Sq Mi
$83,631
Median Household Income
$47,311
Median Earnings
$412
Median Rent
$291,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The offering includes a seasonal event snack shack, kitchen equipment, and a second parcel with outdoor seating.
Where is this conventional restaurant located?
The property is located at 41 N Broadway Pelican Rapids, MN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Pizzeria operating since 2020; Dine‑in, takeout, delivery, and patio seating; Sale includes kitchen equipment and exclusive cheese and spice blends
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