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Full-Service Restaurant with Liquor License
For Sale
Contact for pricing
Pending

4602 Grand Ave, Duluth, MN 55807

Full-service restaurant in excellent condition with a separate dining room and an on-sale liquor license.

Property SizeContact for details
Days on Market147

Property Features for 4602 Grand Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Liquor License Yes
Listing Agency: Coldwell Banker Realty
Listed By: Richard Wenaas · License #MN 573168 WI 43341
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 4 at 10:03AM

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 Realty

Investment Insights

Based on property information with market context.

Well established full-service restaurant offered for sale with an on-sale liquor license. The space includes a separate dining room designed for gatherings or private parties.

The property is presented as being in excellent condition with many updates. Public remarks also indicate historical gross of approximately $700K for 2021.

Interested parties should review the provided details and schedule a showing to confirm current operations and the terms associated with the liquor license.

Key Highlights

  • Well‑established full‑service restaurant
  • On‑sale liquor license included
  • Separate dining room for gatherings or private parties

Property Analytics

Current Use

Great Clips Hair Salon H&R Block Tax Preparation Dr. Kara McGillivray Alternative Medicine Practice Ayres Associates Homeowners' Association Zhong Hua Chinese ... Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm HVAC Service Storage Facility Skin Care Clinic

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
Liquor license

Location Intelligence

Trade Area within ½ mile

824
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55807, MN

9,674
Population
4,572
Households
2.1
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
1,668
Density / Sq Mi
$63,670
Median Household Income
$36,246
Median Earnings
$797
Median Rent
$164,000
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
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Similar Off Market Nearby

  • China King Buffet 215 N Central Ave, Duluth, MN 55807

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Full-service restaurant in excellent condition with a separate dining room and an on-sale liquor license.
Where is this conventional restaurant located?
The property is located at 4602 Grand Ave Duluth, MN.
What are key features of this property?
This property features: Well‑established full‑service restaurant; On‑sale liquor license included; Separate dining room for gatherings or private parties
More about this property
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