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    5349 County 249 Caledonia, MN 55921

    Sponsored
    For Sale
    $399,000

    Established Restaurant w/ Ranch Home - $399,000

    Property size:
    1,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents the chance to acquire a thriving restaurant and bar situated in a picturesque valley setting, approximately 20 miles east of Caledonia, Minnesota. The Little Miami Restaurant boasts a rich history, having served the community for generations and built a loyal customer base extending beyond its immediate vicinity. The property itself encompasses 1,936 square feet of well-maintained commercial space, built in 1950, and sits on a single story. The asking price is $399,000, translating to $206.10 per square foot. The property is zoned for commercial use. A significant advantage is the inclusion of a separate ranch home, offering versatile options for owner occupancy, rental income generation, or potential expansion of the business. All necessary equipment and furnishings for the seamless operation of the restaurant are included in the sale. The current owners plan to maintain operations during the transition, ensuring a smooth handover to the new owner. This turnkey business presents a rare opportunity to step into an established and profitable venture with significant potential for continued growth. Further details are available upon request. The property is located at 5349 County 249, Caledonia, MN 55921.

    Property Features for 5349 County 249

    General Information

    Property type
    Restaurants
    Square Feet
    1,936 SF

    Building Details

    Year Built
    1950
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Little Miami Restaurant ... Restaurant

    Suggested Use

    Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Caledonia
    County
    Houston
    State
    Minnesota
    Longitude
    -91.3955751
    Latitude
    43.6102548

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant w/ Ranch Home - $399,000
    Where is this restaurant located?
    The property is located at 5349 County 249 Caledonia, MN.
    What is the asking price?
    The asking price for this property is $399,000.
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    5349 County 249 Caledonia, MN 55921
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    Caledonia, MN 55921
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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

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    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
    5349 County 249 Caledonia, MN 55921
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