Property profile

2304 Mn-113 Waubun, MN 56589

OFF-MARKET
Retail properties & Spaces
3,000 SF
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Property summary

AI-generated overview

This exceptional opportunity presents the acquisition of the Hilltop Supper Club, a well-established restaurant in Waubun, Minnesota. Located at 2304 MN-113, this turnkey operation boasts a rich history of over 30 years serving the local community. The sale includes the entire 3,000 square foot building, situated on a sizable lot (acreage not specified), along with all existing restaurant equipment, tables, and chairs. Priced at $349,900 ($116.63 per square foot), this is a NNN lease property with a single tenant. A significant advantage is the existing transferable liquor and beer license, adding immediate revenue potential. Furthermore, the property has the established capability to host tribal gaming slot machines, offering a substantial additional revenue stream. The sale is "as is," presenting a unique chance to step into a ready-made business with a proven track record and significant growth potential. This is a rare opportunity to own a thriving restaurant with established clientele and multiple income streams in a desirable location. The property is located in Mahnomen County, Minnesota, zip code 56589.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2304 Mn-113 Waubun, MN 56589
Waubun metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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