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    Pine City, MN 55063

    Sponsored
    For Lease
    $0.67 SF/Yr ($8,000 /Mo)

    Hospitality

    Lot size:
    12,000 SF

    Description

    Added:
    Jun 2, 2025
    Days on Market:
    219
    Currently operational lakefront restaurant /bar for lease. New tenant must have business experience and financial stability.

    Can be used for many different purposes other than current use.

    Property Features for

    General Information

    Property type
    Other mixed-use properties
    Lease Type
    Modified Gross
    RSF (Rentable sq. ft)
    12,000 SF
    USF (Usable sq. ft)
    11,000 SF
    Class
    B
    Total Parking Spaces
    40
    Elevators
    N/A
    Total Rate
    8000
    Lease Term
    5+ Years
    Taxes (cost per Sq. Ft)
    12000

    Building Details

    Year Built/Renovated
    1993/2025
    Buildings
    1
    Stories
    1

    HighLights

    • Lakefront business with option for additional adjoining housing
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Pine City
    State
    Minnesota
    Longitude
    -92.9599557
    Latitude
    45.8116161

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    Nearby Similar for Lease

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      2,802 SF

      Retail Space with Drive Thru

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    FAQs

    What type of property is this?
    Mixed-use property - Hospitality
    Where is this mixed-use property located?
    The property is located at Pine City, MN.
    What is the lease rate?
    The lease rate is $0.67 SF/Yr.
    What are key features of this property?
    This property features: Lakefront business with option for additional adjoining housing
    (320) 245-7771
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    Pine City, MN 55063
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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
    Pine City, MN 55063
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