5349 County 249 Caledonia, MN 55921
- Turn key restaurants
- 1,936 SF
- 1.00 lot acres
Current Use by Public Records
- Little Miami Restaurant & Bar / Bar / Restaurant
Property Details for 5349 County 249
- Year built
- 1950
- Lot size
- 1.00 lot acres
- Property size
- 1,936 SF
- Property type
- Turn key restaurants
- APN
- 04.0174.000
- APU
- 40174000
Description
This exceptional offering presents a rare opportunity to acquire a thriving restaurant and bar situated just 10 miles east of Caledonia, Minnesota, on a scenic valley route. The 1,936 square foot commercial building enjoys a prime location, drawing clientele from a wide radius, and boasts a rich history as a beloved community establishment for many years. The business is currently operational and includes all necessary equipment and fixtures for immediate continuation of operations. Adding significant value is a separate ranch-style home on the 0.83-acre property. This residence offers versatile options: owner occupancy, rental income generation, or potential for employee housing. The property's combination of a profitable, established business and a separate residential dwelling provides a unique investment opportunity with multiple income streams. Financial details and a comprehensive inventory of included business assets are available upon request. This turnkey operation is poised for continued success and represents a compelling investment in a desirable location. Don't miss this chance to own a piece of local history and a thriving business. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $180,000
- 6.5%
- $195,000
- 7%
- $165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $205,000
- Retail
- $205,000
- Mixed-Use
- $185,000
- Hospitality
- $205,000
- Educational
- $165,000
- Residential Income
- $170,000
- Energy
- $170,000
- Income-Based Land
- $155,000
- Food Service
- $155,000
Location Insight
- Map
- Local Demand
- City
- Caledonia
- County
- Houston
- State
- Minnesota
- Longitude
- -91.3612
- Latitude
- 43.6099
- CBSA code
- 29100
- CBSA name
- LA CROSSE, WI-MN METROPOLITAN STATISTICAL AREA