Property profile

6213 Lower Cass Frontage Rd Cass Lake, MN 56633

OFF-MARKET
Retail properties & Spaces
5,460 SF Built 2015
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Year built 2015
Total area 5,460 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store (Bike/Boat/Book/etc) Store

Location

6213 Lower Cass Frontage Rd Cass Lake, MN 56633
Cass Lake metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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