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Restaurant Property on Connecting Routes
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705 E Vernon Ave, Fergus Falls, MN 56537

Restaurant property located between Casey’s and Dairy Queen near downtown Fergus Falls and Lake Region Hospital.

Property Size3,285 SF
Price / SF$121.77
Days on Market246

Property Features for 705 E Vernon Ave

General Information

Standard status Active
Size 3,285 SF
Property subtype RETAIL
Listing Agency: Upland Real Estate Group, Inc
Listed By: Rob Kost
Source: Moodyscre
Added: Jan 12 Changed: Sep 9 Last Checked: Sep 14 at 10:50AM

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 Upland Real Estate Group, Inc

Investment Insights

Based on property information with market context.

This restaurant property is positioned on a set of connecting routes that run toward downtown and I-94/MN 210. The asset is listed for sale and includes approximately 3,285 square feet of space.

The location places it between Casey’s and Dairy Queen, near downtown Fergus Falls and Lake Region Hospital, supporting steady day-to-day neighborhood activity.

For tenants or buyers, the configuration and surrounding tenant mix may be well-suited for food and beverage operations that want visibility to passing traffic and proximity to local demand generators.

Key Highlights

  • Restaurant property located near downtown Fergus Falls and Lake Region Hospital
  • Positioned between Casey’s and Dairy Queen
  • Convenient to connecting routes to downtown and I‑94 / MN 210

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Restaurant Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery

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

712
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
9,448 visits/mo 0.0 miles

Demographics for 56537, MN

19,230
Population
9,498
Households
2
Avg Household Size
44
Median Age
30%
College-Educated
96%
High-School Grad
283.4 sq mi
ZIP Area
68
Density / Sq Mi
$62,279
Median Household Income
$40,272
Median Earnings
$840
Median Rent
$223,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Conventional restaurant - Restaurant property located between Casey’s and Dairy Queen near downtown Fergus Falls and Lake Region Hospital.
Where is this conventional restaurant located?
The property is located at 705 E Vernon Ave Fergus Falls, MN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Restaurant property located near downtown Fergus Falls and Lake Region Hospital; Positioned between Casey’s and Dairy Queen; Convenient to connecting routes to downtown and I‑94 / MN 210
(612) 868-1868 Call to check price and availability
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