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OFF-MARKET
Retail properties & Spaces

0 Turnkey Casual Dining Cafe For Sale In Prime Downtown Location Minneapolis, MN 55402

1,174 SF Built 2004
Property ID
Property summary
AI-generated overview

This turnkey casual dining cafe, established in 2004, presents a unique opportunity in Minneapolis's vibrant downtown core. The 1,174 square foot space, situated on the ground floor of a commercial building, boasts a modern, assembly-style service model, similar to popular fast-casual concepts. The cafe features an open kitchen, allowing customers to watch their meals being prepared, and offers seating for approximately 25 guests. Currently generating over $260,000 in gross annual revenue and significant cash flow, this cafe offers a proven track record of success. The lease, at a monthly rate of $2,098.53, expires September 30, 2025, with a one-year lease term available. The sale includes a comprehensive inventory of kitchen and front-of-house equipment, including multiple refrigerators, ovens, prep tables, and seating. The cafe's location within a recovering downtown area presents significant growth potential, as foot traffic increases and new developments emerge. While the current business model is successful, there's ample room for innovation and menu expansion to further capitalize on the area's revitalization. The asking price is $35,000, and the sale does not include inventory. This is an exceptional opportunity for an experienced operator or aspiring restaurateur to acquire a profitable, established business with significant upside. Three employees are currently on staff. Further details regarding the cafe's identity and precise location will be disclosed upon execution of a confidentiality agreement.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2004
Total area 1,174 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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