Property profile

6691 State Hwy 200 Remer, MN 56672

OFF-MARKET
Specialty properties
4,200 SF 3.11 ac lot
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Property summary

AI-generated overview

This exceptional 3.11-acre commercial property in Remer, Minnesota, presents a unique investment opportunity. Located at 6691 State Highway 200 NE, zip code 56672, this 4,200 square foot building currently operates as a successful restaurant and pub. The property boasts a fully equipped kitchen, an attractive bar area, and recently updated flooring and countertops. The spacious layout and ample parking make it ideally suited for continued operation as a restaurant/pub or easily adaptable for use as an event venue. The existing septic system is fully compliant with current regulations. This turnkey opportunity includes all existing business assets and equipment, eliminating the need for significant upfront investment. The property's versatility and established location in Cass County offer significant potential for a variety of commercial uses. Priced at $354,900, this is a rare chance to acquire a well-established business and property in a desirable location. Don't miss this chance to own a piece of Remer's thriving commercial landscape.

Property profile

Verified
Property type Specialty properties
Total area 4,200 SF
Lot 3.11 ac (135,472 SF)

Cap rate & NOI

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

Location

6691 State Hwy 200 Remer, MN 56672
Remer metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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