Property summary
This exceptional 71,438 square foot property located at 16730 US 2 in Bagley, Minnesota, presents a unique investment opportunity. Built in 1980, this multi-use property is zoned for commercial, medical office, and restaurant uses. The expansive lot size offers significant potential for development or expansion. Currently, the property includes a 10,000 square foot building that previously served as a community event center and charter school. This existing structure features a fully equipped commercial kitchen, making it suitable for a variety of food service operations or continuing its use as an event venue. The flexible layout and ample space within the building provide adaptability for diverse business needs. The property's location in Bagley, Clearwater County, Minnesota (zip code 56621) offers access to a vibrant community and presents a strong foundation for a successful venture. The property's versatility makes it an attractive option for entrepreneurs and investors seeking a multi-faceted space with significant growth potential. This is a rare opportunity to acquire a substantial property with a proven track record in a desirable location. The asking price is $790,000.
Property profile
VerifiedCap rate & NOI
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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