Building Details

Year built 1950

Listing Agency: Heartland Real Estate Services LLC c***@heartlandrealestatemn.com Show Phone

Listed By: Tyler John Hansen Show Phone

Added: Jun 5 Changed: Aug 27 Last Checked: Aug 30 at 5:06AM

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MLS# 7087664

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property offers an established cafe-style layout with commercial equipment in place for food-service operations. Improvements include kitchen upgrades, updated wiring and lighting, a newer furnace and air conditioning, refreshed flooring, and enhancements to the outdoor seating area. Equipment includes a soft-serve machine, reach-in cooler, pizza oven, buffet warmer, soup kettle, waffle maker, and ATM machine.

The property encompasses 0.12 acres at 550 US Highway 14 in Walnut Grove, Minnesota. Built in 1950, the building features brick veneer, metal, and vinyl exterior materials, along with ductless and forced-air heating. An accessible approach with ramp provides entry access.

Key Highlights

• Commercial restaurant property on 0.12 acres
• Kitchen, wiring, lighting, furnace, air conditioning, flooring, and outdoor seating updated
• Includes soft‑serve machine, reach‑in cooler, pizza oven, buffet warmer, soup kettle, and waffle maker

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Building Supply Cafe & Coffee Shop Auto Repair Shop

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

94

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56180, MN

1,225

Population

562

Households

2.2

Avg Household Size

38

Median Age

18%

College-Educated

88%

High-School Grad

117.9 sq mi

ZIP Area

10

Density / Sq Mi

$65,614

Median Household Income

$35,814

Median Earnings

$607

Median Rent

$126,300

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

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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?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Updated food-service space with commercial equipment, outdoor seating, and an accessible ramp entrance.

Where is this conventional restaurant located?

The property is located at 550 US Highway 14 Walnut Grove, MN.

What is the asking price?

The asking price for this property is $135,000.

What are key features of this property?

This property features: Commercial restaurant property on 0.12 acres; Kitchen, wiring, lighting, furnace, air conditioning, flooring, and outdoor seating updated; Includes soft‑serve machine, reach‑in cooler, pizza oven, buffet warmer, soup kettle, and waffle maker