447 Hwy 9 -- Felton, MN 56536
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.