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    OFF-MARKET
    Retail properties & Spaces

    424 Front St, Mankato, MN 56001

    11,860 SF
    Property ID
    Property summary
    AI-generated overview

    This turnkey restaurant opportunity in downtown Mankato, Minnesota presents a unique chance to acquire an established business with a proven track record of profitability. Located at 424 S Front St, this 11,860 square foot retail space sits on a 10,428 square foot lot and is currently vacant. The asking price is $850,000, translating to $71.67 per square foot. The sale includes all equipment, the well-known name and brand, existing advertising materials, the website, and associated contracts. Inventory is not included in the sale. A significant advantage is the property's prime downtown location, offering convenient access and ample parking for patrons. This is a rare opportunity to acquire a fully equipped and established restaurant, ready for immediate operation. Serious buyers only

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 11,860 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Blue Bricks Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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