Current Use by Public Records
- Retail properties & Spaces
Property Details for 9378 Us-53
- Year built
- 1940
- Lot size
- 10.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional turn-key business opportunity presents a thriving convenience store, gas station, and grocery store nestled in the heart of Minnesota's scenic Lake Kabetogama vacation community. Located at 9378 US-53 in Kabetogama, St. Louis County, this well-established establishment boasts a substantial 5,344 square feet of retail space situated on a generous 10-acre lot. Built in 1940, the property enjoys a prime location at the entrance to Voyagers National Park, ensuring a steady stream of year-round customers, with a significant increase during the peak summer season. The diverse product offerings include gas, diesel, propane, groceries, liquor, hardware, sporting goods, bait, tackle, fishing licenses, lottery tickets, a limited food service menu, clothing, and gifts, catering to a wide range of customer needs. The strong cash flow is further enhanced by a three-bedroom apartment above the store, ideal for owner-operator occupancy. This presents a unique opportunity to acquire a well-established business with significant growth potential in a desirable location. The asking price for this exceptional property is $799,000. This is an owner/user investment opportunity. The property is zoned for retail use.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ray
- County
- St. Louis
- State
- Minnesota
- Longitude
- -93.1774
- Latitude
- 48.395
