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Restaurant with Attached Living Quarters
New
For Sale
$299,900

9420 State 371 NW, Walker, MN 56484

An attached residence provides on-site accommodation for an owner or manager.

Property SizeContact for details
Days on Market4

Property Features for 9420 State 371 NW

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,611

Building Details

Year Built 1990
Units 1
Listing Agency: Cedar Point Realty
Listed By: Israel Moe
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 2:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cedar Point Realty

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Investment Insights

Based on property information with market context.

This restaurant property includes attached living quarters and ample parking. The building was constructed in 1990 and is zoned Business/Commercial, with space described as suitable for serving a large number of customers and hosting events.

The property is 4 miles north of Walker on Highway 371, next to an RV park and along a snowmobile trail. The attached quarters provide an on-site residential component for an owner or manager.

Key Highlights

  • Attached owner's quarters provide on‑site living space
  • Located 4 miles north of Walker on Highway 371
  • Adjacent to an RV park and on a snowmobile trail

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Building Supply Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56484, MN

3,517
Population
2,592
Households
1.4
Avg Household Size
52
Median Age
32%
College-Educated
94%
High-School Grad
91.8 sq mi
ZIP Area
38
Density / Sq Mi
$64,688
Median Household Income
$35,024
Median Earnings
$625
Median Rent
$292,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - An attached residence provides on-site accommodation for an owner or manager.
Where is this conventional restaurant located?
The property is located at 9420 State 371 NW Walker, MN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Attached owner's quarters provide on‑site living space; Located 4 miles north of Walker on Highway 371; Adjacent to an RV park and on a snowmobile trail
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