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Restaurant with On-Site Living Quarters
New
For Sale
$379,900

9420 State 371 NW, Walker, MN 56484

Commercial Sale, Walker, MN

Property SizeContact for details
Lot Size4.83 Acres
Days on Market3

Property Features for 9420 State 371 NW

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Parking Lot, Garage - Detached
Accessibility Accessible Approach with Ramp
High school district Walker-Hackensack-Akeley
Directions Heading north of Walker turn right at 9420 state 371
Standard status Active
APN 381051303
Lot size 4.83 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3611

Utilities

Sewer type Private Sewer
Heating system Forced Air
Water source Well

Building Details

Year built 1990
Listing Agency: Cedar Point Realty · Coldwell Banker Real Estate
Listed By: Israel Moe
Added: Sep 24 Last Checked: Sep 26 at 1:06PM
MLS# 7150064

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property sits on 4.83 acres and includes living quarters connected to the restaurant. The building dates to 1990, with forced-air heating, a parking lot, and a detached garage. A ramp provides an accessible approach, and the property uses well water and a private sewer system.

Located 4 miles north of Walker along Hwy 371, the site is next to an RV park and intersects with a snowmobile trail.

Key Highlights

  • 4.83‑acre restaurant property with connected living quarters
  • Located 4 miles north of Walker on Hwy 371
  • Next 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

Turnkey business
Opportunity
Yes
Paved road 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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - A parking lot, detached garage, and ramped approach are part of the property.
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 $379,900.
What are key features of this property?
This property features: 4.83‑acre restaurant property with connected living quarters; Located 4 miles north of Walker on Hwy 371; Next to an RV park and on a snowmobile trail
More about this property
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