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    16730 Us 2 Bagley, MN 56621

    Sponsored
    For Sale
    $790,000

    Versatile 71,438 sq ft lot, ideal for various uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 71,438 square foot property located at 16730 US 2 in Bagley, Minnesota, presents a unique investment opportunity. Built in 1980, this multi-use property is zoned for commercial, medical office, and restaurant uses. The expansive lot size offers significant potential for development or expansion. Currently, the property includes a 10,000 square foot building that previously served as a community event center and charter school. This existing structure features a fully equipped commercial kitchen, making it suitable for a variety of food service operations or continuing its use as an event venue. The flexible layout and ample space within the building provide adaptability for diverse business needs. The property's location in Bagley, Clearwater County, Minnesota (zip code 56621) offers access to a vibrant community and presents a strong foundation for a successful venture. The property's versatility makes it an attractive option for entrepreneurs and investors seeking a multi-faceted space with significant growth potential. This is a rare opportunity to acquire a substantial property with a proven track record in a desirable location. The asking price is $790,000.

    Property Features for 16730 Us 2

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1980

    HighLights

    • $790,000 asking price.
    • 71,438.4 sq ft lot.
    • 10,000 sq ft building suitable for community events, charter school, or other uses.
    • Includes a full commercial kitchen.
    • Located at 16730 US 2, Bagley, MN 56621.
    • Built in 1980.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hotel & Motel Gym & Fitness Department Store Food Market Grocery Store Bar & Pub Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bagley
    County
    Clearwater
    State
    Minnesota
    Longitude
    -95.4336353
    Latitude
    47.5240229

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    Nearby Similar for Sale

    • $790,000
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      Bagley Event Center & School

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    FAQs

    What type of property is this?
    Restaurant - Versatile 71,438 sq ft lot, ideal for various uses.
    Where is this restaurant located?
    The property is located at 16730 Us 2 Bagley, MN.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: $790,000 asking price.; 71,438.4 sq ft lot.; 10,000 sq ft building suitable for community events, charter school, or other uses.
    Request Owner's contact information
    16730 Us 2 Bagley, MN 56621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16730 Us 2 Bagley, MN 56621
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