Building Details

Year Built 1900

Listing Agency: Marshall Area Homes

Listed By: Sherry Mathiowetz · License #40039796 Show Phone

Source: Homesminn

Added: Sep 12 Changed: Sep 13 Last Checked: Sep 14 at 1:54PM

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Investment Insights

Based on property information with market context.

This 3976 SF restaurant building has been recently renovated and includes a front dining area, separate rear private dining room, office, and full basement for storage. Commercial kitchen equipment and tables and chairs are included. Updated building systems include a new furnace, A/C, and plumbing, along with 2 ADA-compliant bathrooms.

The property is located downtown in Granite Falls at 667 Prentice St, with the rear of the building facing the MN River. A large back parking lot is owned by the city, and the frontage can accommodate a few small outdoor tables. The building previously operated as an ice cream and sandwich shop and offers a configuration suited to restaurant or bar use.

Key Highlights

• 3976 SF restaurant building with front dining and a separate rear private dining room
• Recently renovated with new furnace, A/C, and plumbing
• Commercial kitchen equipment, tables, and chairs included

Property Analytics

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Current Use

Taste in Time Grocery & Convenience Store El Nido Birth ... Physician

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm (Bike/Boat/Book/etc) Store Garden Center Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

295

Businesses Nearby

17k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 67% Shops & Services 33%

Hardee's Dining

11,190 visits/mo 0.5 miles

Dollar General Shops & Services

5,595 visits/mo 0.4 miles

Jimmy's Pizza Dining

181 visits/mo 0.1 miles

Demographics for 56241, MN

3,903

Population

1,793

Households

2.2

Avg Household Size

44

Median Age

22%

College-Educated

89%

High-School Grad

145.9 sq mi

ZIP Area

27

Density / Sq Mi

$66,354

Median Household Income

$40,577

Median Earnings

$805

Median Rent

$154,500

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?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Flexible dining layout with private rear seating, commercial kitchen equipment, office space, and outdoor table placement.

Where is this conventional restaurant located?

The property is located at 667 Prentice St Granite Falls, MN.

What is the asking price?

The asking price for this property is $125,000.

What are key features of this property?

This property features: 3976 SF restaurant building with front dining and a separate rear private dining room; Recently renovated with new furnace, A/C, and plumbing; Commercial kitchen equipment, tables, and chairs included