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    105 3Rd Ave Virginia, MN 55792

    Sponsored
    For Sale
    $699,000

    Turnkey Sporting Goods Store in Virginia, MN

    Property size:
    5,476 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey business opportunity presents a well-established sporting goods store in Virginia, Minnesota. Located at 105 N 3rd Ave, this 5,476 square foot storefront boasts a rich history, having been built in 1910 and renovated in 2001. The asking price is $699,000, translating to $127.65 per square foot. The property includes the building and land, along with the existing inventory of a thriving business specializing in firearms, accessories, sporting goods, and archery equipment, including an on-site archery range. The business benefits from a strong and growing market demand, particularly in firearms and related accessories. The efficient heating and cooling system contributes to low utility costs. This is the only business of its kind in the immediate area, offering a unique opportunity for continued growth and profitability. The building itself features a newer roof and is well-maintained. The current owners are retiring, making this a truly exceptional opportunity for a buyer to step into a profitable, established business with full training available. The property is situated in St. Louis County, Minnesota, zip code 55792.

    Property Features for 105 3Rd Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,476 SF

    Building Details

    Year Built/Renovated
    1910/2001

    HighLights

    • 5,400 SF building with a newer roof.
    • Highly efficient HVAC system resulting in low utility costs.
    • Unique business opportunity; only one of its kind in the immediate area.
    • Established, profitable sporting goods, firearms, and archery business.
    • Established and profitable business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Virginia Surplus Store Sporting Goods Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Virginia
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.5345639
    Latitude
    47.5237853

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Individual retail property - Turnkey Sporting Goods Store in Virginia, MN
    Where is this individual retail property located?
    The property is located at 105 3Rd Ave Virginia, MN.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 5,400 SF building with a newer roof.; Highly efficient HVAC system resulting in low utility costs.; Unique business opportunity; only one of its kind in the immediate area.
    Request Owner's contact information
    105 3Rd Ave Virginia, MN 55792
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    Virginia, MN 55792
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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
    105 3Rd Ave Virginia, MN 55792
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