Property summary
This exceptional commercial property in Cass Lake, MN, offers a unique investment opportunity. The 5,460 square foot building, constructed in 2015, sits on a 27,878.4 square foot lot and is zoned for mixed use. The property includes a thriving bait and tackle shop, a pawn shop, and the rapidly growing Big Nasty Tackle company, creating multiple income streams. The retail space, totaling 2,520 square feet, is fully equipped with bait tanks, shelving, display cases, and point-of-sale systems. An additional 1,600 square feet of heated warehouse space is dedicated to Big Nasty Tackle's production, and over 1,200 square feet of finished cold storage ensures efficient inventory management. A fenced backyard provides secure outdoor storage. The Class A building boasts one story and features energy-efficient design. Located in the heart of Lakes Country, this property benefits from a loyal customer base and the area's thriving outdoor recreation industry, attracting anglers and tourists year-round. The property's APN is 293610121. This turnkey operation presents a rare chance to acquire an established and profitable business with significant growth potential in a desirable location. The asking price is $1,999,000.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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