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    16777 Marketplace Dr Big Lake, MN 55309

    For Sale
    $1,600,000

    Gas, Convenience, Restaurant, High Visibility

    Property size:
    12,538 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional multi-use business opportunity in Big Lake, Minnesota, presents a lucrative investment. Located at 16777 Marketplace Dr, this 12,538 square foot property boasts a prime location on Highway 10, ensuring high visibility and substantial foot traffic. Built in 2007 and extensively renovated in 2024, the property includes a convenience store, gas station with 20 pumps, and a restaurant, all operating under a NNN lease structure. The property sits on a 2.2-acre lot and is zoned COMMERCIAL. The building is a single-story Class B structure. A significant advantage for the buyer is the inclusion of a 10-year fuel contract with World Fuel Services. Financial vetting of the buyer is required. This turnkey operation is ideal for an owner-user seeking a well-established and profitable business with significant growth potential. The property's APN is 655550105. Serious inquiries only. Do not contact current tenants or staff.

    Property Features for 16777 Marketplace Dr

    General Information

    Property type
    Restaurants
    Square Feet
    12,538 SF
    Class
    B
    Lot Size
    95,832 SF

    Building Details

    Year Built/Renovated
    2007/2024
    Stories
    1

    HighLights

    • $1,600,000 asking price for a mixed‑use business opportunity in Big Lake, MN.
    • 12,538 square feet on a 2.2‑acre lot, built in 2007 and renovated in 2024.
    • Includes a convenience store, gas station (20 pumps), and restaurant; NNN lease.
    • Class B building with excellent highway visibility; owner‑user investment.
    • Assumable 10‑year fuel contract with World Fuel Services; APN 655550105.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Car Wash Car Wash Atm Atm Cambo Flare Asian Fusion Restaurant Marathon Market Place ... Gas Station Coin Cloud Bitcoin ... Atm

    Suggested Use

    Restaurant Building Supply Dental Office Auto Repair Shop Hotel & Motel Department Store Accounting Firm Storage Facility Bar & Pub Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Big Lake
    County
    Sherburne
    State
    Minnesota
    Longitude
    -93.6950352
    Latitude
    45.3328116

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    FAQs

    What type of property is this?
    Restaurant - Gas, Convenience, Restaurant, High Visibility
    Where is this restaurant located?
    The property is located at 16777 Marketplace Dr Big Lake, MN.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price for a mixed-use business opportunity in Big Lake, MN.; 12,538 square feet on a 2.2-acre lot, built in 2007 and renovated in 2024.; Includes a convenience store, gas station (20 pumps), and restaurant; NNN lease.
    Request Owner's contact information
    16777 Marketplace Dr Big Lake, MN 55309
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    Big Lake, MN 55309
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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
    16777 Marketplace Dr Big Lake, MN 55309
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