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Two Harbors Turn-Key Restaurant Opportunity
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812 7th Ave, Two Harbors, MN 55616

Turn-key restaurant with retail building and outdoor seating available forpurchase.

Property Size3,718 SF
Price / SF$201.45
Days on Market1579

Property Features for 812 7th Ave

General Information

Standard status Active
Size 3,718 SF
Property subtype Retail

Building Details

Year Built 1903
Year Renovated 1995
Buildings 1
Stories 1
Units 2
Listing Agency: Follmer Commercial Real Estate
Listed By: Greg Follmer · License #MN 27078
Source: Crexi
Added: Apr 26, 2022 Changed: Aug 8 Last Checked: Aug 20 at 3:25PM

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 Follmer Commercial Real Estate

Investment Insights

Based on property information with market context.

This is a turn-key opportunity in Two Harbors, currently operating as the well-loved “Vanilla Bean”. The property is available for purchase. The restaurant space is 2670 square feet, with an additional 805 square feet of patio and outdoor seating. There is also a 1,404 square foot retail building adjacent to the restaurant, which is currently leased. The property includes ample parking and has a high-visibility location on the main thoroughfare in Two Harbors. The 2022 taxes were $9,654.58. The property's total size is 3718 square feet.

Key Highlights

  • Turn‑key restaurant opportunity, currently operating as "Vanilla Bean".
  • High visibility location on the main thoroughfare in Two Harbors.
  • Restaurant includes 2,670 SF interior space plus 805 SF of patio/outdoor seating.

Property Analytics

Current Use

Vanilla Bean - Two ... Restaurant Agate Bay Outfitters ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Auto Repair Shop Kitchen & Bath Showroom Grocery & Convenience Store 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

460
Businesses Nearby
70k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Groceries 23% Dining 17% Home Improvements & Furnishings 8%
Kwik Trip Shops & Services
23,521 visits/mo 0.3 miles
Super One Foods Groceries
16,475 visits/mo 0.2 miles
McDonald's Dining
9,604 visits/mo 0.3 miles
Holiday Station Store Shops & Services
8,048 visits/mo 0.4 miles
Seagren's Home Hardware Outdoors Home Improvements & Furnishings
5,327 visits/mo 0.2 miles

Demographics for 55616, MN

7,024
Population
4,103
Households
1.7
Avg Household Size
47
Median Age
24%
College-Educated
92%
High-School Grad
479.7 sq mi
ZIP Area
15
Density / Sq Mi
$77,242
Median Household Income
$46,979
Median Earnings
$1,045
Median Rent
$237,000
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key restaurant with retail building and outdoor seating available forpurchase.
Where is this conventional restaurant located?
The property is located at 812 7th Ave Two Harbors, MN.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Turn‑key restaurant opportunity, currently operating as "Vanilla Bean".; High visibility location on the main thoroughfare in Two Harbors.; Restaurant includes **2,670 SF interior space plus 805 SF of patio/outdoor seating**.
(218) 310-0013 Call to check price and availability
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