Listing Agency: Realty Group

Listed By: Alissia Kreger · License #MN 40637424

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Sep 4 at 6:21PM

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Investment Insights

Based on property information with market context.

This commercial building is located in the middle of Downtown Askov and is ready for new ownership. It previously operated as a Main Street Grocery and Deli/cafe, offering daily hot food specials with on-site dining space. The interior also includes a coffee bar and accommodates take-and-bake pizza operations.

A separate basement is available for storage. The property is located near scenic Hwy 23 and just minutes from I-35, providing convenient regional access for future concepts.

The building is being offered for sale, and the seller notes potential for leasing as well, depending on the buyer’s plan.

Key Highlights

• Former Main Street Grocery and Deli/cafe with dining space for customers
• Includes a coffee bar and space for serving daily hot food specials
• Previously offered take‑and‑bake pizzas

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Auto Parts Store Garden Center Butcher Veterinary Clinic Tanning Salon

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

63

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 55704, MN

1,072

Population

579

Households

1.9

Avg Household Size

47

Median Age

22%

College-Educated

89%

High-School Grad

54.1 sq mi

ZIP Area

20

Density / Sq Mi

$61,875

Median Household Income

$38,583

Median Earnings

$516

Median Rent

$212,700

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 grocery and convenience stores 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?

Grocery and convenience store - Former grocery and deli/cafe includes dining space, a coffee bar, and a separate basement for storage.

Where is this grocery and convenience store located?

The property is located at 6355 Kobmagergade Askov, MN.

What are key features of this property?

This property features: Former Main Street Grocery and Deli/cafe with dining space for customers; Includes a coffee bar and space for serving daily hot food specials; Previously offered take‑and‑bake pizzas