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Property profile & analytics

240 Smt W Ave Blackduck, MN 56630

  • Turn key restaurants
  • 3,232 SF
  • 0.90 lot acres
OFF-MARKET
Last Sale
Mar 17, 2025
$146,500
Value Estimations
$125,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US46-2459142
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 240 Smt W Ave

Year built
1994
Construction
WOOD
Lot size
0.90 lot acres
Property size
3,232 SF
Property type
Turn key restaurants
APN
81.00503.00
APU
810050300

Description

This 3,232 square foot warehouse, located at 240 Summit Avenue in Blackduck, Minnesota, presents a unique investment opportunity. Situated in the heart of Blackduck, this property boasts excellent highway visibility, ideal for attracting customers. Its previous use as a well-known restaurant makes it a recognizable landmark in the community. The building's strategic location offers easy access for those traveling to enjoy the recreational opportunities Northern Minnesota has to offer, including fishing and hunting. The property is classified as industrial and land, offering versatility for a range of commercial uses. The asking price is $269,800. The property is zoned for commercial use and is ready for a new owner to establish their business. This is a chance to own a well-established building with high visibility in a thriving community. The property is located in Beltrami County, Minnesota, zip code 56630, and offers significant potential for growth and profitability. The building's size and location make it an attractive option for entrepreneurs seeking a visible and accessible space to launch or expand their business. The property's history as a successful restaurant provides a solid foundation for future success. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $125,000
    ML approach
    $150,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Blackduck
County
Beltrami
State
Minnesota
Longitude
-94.555
Latitude
47.7301
CBSA code
13420
CBSA name
BEMIDJI, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,470
$45,100
$112,600
$157,700
-
$45,100
$112,600
$157,700
More about this property
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