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Property profile & analytics
OFF-MARKET
Commercial real estate

447 Hwy 9 -- Felton, MN 56536

2,044 SF 1 ac lot Built 1972
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a rare opportunity to acquire a thriving, well-established diner situated at the highly visible intersection of Highway 9 and Highway 34 in Felton, Minnesota. The 2,044 square foot building sits on a one-acre lot, ensuring ample space for operations and potential expansion. The diner is a turnkey operation, meaning all necessary equipment, fixtures, and appliances are included in the sale, allowing for immediate commencement of business. The property boasts a clean and meticulously maintained interior, featuring modern, up-to-date stainless steel appliances, reflecting a commitment to quality and efficiency. This is an ideal investment for an aspiring entrepreneur or an experienced restaurateur looking to expand their portfolio. The high-traffic location at the crossroads of two major highways guarantees significant visibility and a steady stream of potential customers. The asking price is $159,900, representing a compelling value for a fully equipped and operational business in a prime location. This is a truly exceptional opportunity to own and operate a successful business in a vibrant community. Serious inquiries are encouraged to explore this promising venture. The property is ready for immediate occupancy and offers significant potential for growth and profitability.

Property profile
Verified
Property type Commercial real estate
Year built 1972
Total area 2,044 SF
Lot 1 ac (43,560 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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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