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Property summary
This exceptional, established restaurant and bar, located at 406 9th St NE, Waseca, MN 56093, presents a unique investment opportunity. Boasting 4,564 square feet across two stories in a single building constructed in 1908 and completely remodeled in 2006, this property offers 130 feet of stunning lakeshore frontage. The 0.2-acre lot provides ample space, including outdoor seating that capitalizes on the picturesque lake views. The interior features a well-designed layout with ample seating,… a full-service bar, and a commercial kitchen. Additional amenities include walk-in coolers and freezers located downstairs, and two bars – one upstairs and one downstairs. The property has a 185-person capacity and benefits from street parking. Currently operating at 100% occupancy with a five-year remaining lease term, this profitable business enjoys a loyal customer base and a strong reputation built over 17 years. The menu includes American cuisine, featuring steak, walleye, ribs, pastas, burgers, sandwiches, wraps, baskets, flatbreads, an outstanding salad bar, and Sunday breakfast. The asking price is $699,000, with a price per square foot of $153.16. The annual ground lease with the city is $2,300. The property's APN is 17.975.0400, 17.900.0040. This turnkey operation is ideal for restaurateurs seeking a profitable venture in a highly desirable location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
5 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 4,564 SF
- Lot area
- 0.2 ac
- Year built
- 1908
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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4026 BRAGG BLVD, FAYETTEVILLE, NC 28303
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Off Market
BRAGG BLVD, FAYETTEVILLE, NC 28303
Loan from 20049.0% rateNew Century Bank Fayetteville
BRAGG BLVD, FAYETTEVILLE, NC 28303
