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    6501 School St Finlayson, MN 55735

    • Commercial real estate
    • 2,400 SF
    • 1.42 lot acres
    For Sale
    View listing
    $350,000
    Value Estimation
    Location Intelligence
    Property ID
    US46-1290291
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6501 School St

    Year built
    1998
    Lot size
    1.42 lot acres
    Property size
    2,400 SF
    Property type
    Commercial real estate
    APN
    38.0026.000
    APU
    380026000

    Description

    This exceptional opportunity presents a thriving restaurant in Finlayson, Minnesota, ideally situated on a double lot (0.71 acres) along busy Highway 18. The 2,400 square foot building boasts updated seating and a fully equipped kitchen, ready for immediate operation. Its strategic location offers unparalleled visibility and accessibility, attracting customers from a wide area. The restaurant is one of the few dine-in options for miles, ensuring a consistent customer base. The current menu features popular homemade pies, soft-serve ice cream, and broasted chicken, establishing a loyal following. This turnkey operation is perfect for an experienced restaurateur looking to capitalize on an established business with significant growth potential or a new entrepreneur seeking a ready-made platform for their culinary vision. The property's high traffic location and existing customer base provide a strong foundation for success. The asking price is $350,000. Don't miss this chance to own a well-established restaurant in a desirable location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $185,000
      7%
      $190,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $230,000
      Mixed-Use
      $210,000
      Hospitality
      $185,000
      Educational
      $240,000
      Residential Income
      $195,000
      Energy
      $215,000
      Income-Based Land
      $210,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Finlayson
    County
    Pine
    State
    Minnesota
    Longitude
    -92.9179
    Latitude
    46.2022

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,962
    $35,500
    $158,700
    $194,200
    -
    $35,500
    $158,700
    $194,200

    Comparable in this City

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    • Value Estimation by Request
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    • Value Estimation
      $230,000
      1,664 SF

      2217 Hwy 18

      COMMERCIAL (GENERAL) • 1,664 SF
      2217 Hwy 18, Finlayson, MN 55735-9728
      View Details
    • Value Estimation by Request
      0.05 Acres

      Finlayson, MN 55735

      COMMERCIAL (GENERAL) • 0.05 Acres
      Finlayson, MN 55735
      View Details

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    Finlayson, MN 55735
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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