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Property profile & analytics

204 1St Ave Pemberton, MN 56078

  • Turn key restaurants
  • 1,352 SF
  • 0.16 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-1889941
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

  • Turn key restaurants

Property Details for 204 1St Ave

Year built
1950
Lot size
0.16 lot acres
Property size
1,352 SF
Property type
Turn key restaurants
APN
R16.20.01.377.005
APU
R162001377005

Description

This exceptional business opportunity presents a well-established restaurant and bar ideally situated off State Highway 83 in Pemberton, Minnesota. Its central location between several towns ensures consistent customer traffic. The single-story building boasts two additions, completed in 2016 and 2018, enhancing its functionality and space. A durable metal roof provides long-term protection, while a nicely fenced patio area offers ample outdoor seating. The property also features a large parking lot for customer convenience. Inside, the restaurant showcases numerous updates and desirable amenities. Two distinct bar areas cater to diverse customer preferences, complemented by an array of tables, stools, and high-top seating. A large bathroom with ceramic tile adds a touch of modern elegance. This turnkey operation includes the building, land, existing inventory, and all appliances. The property's strong performance history and desirable features make it a highly lucrative investment. This is a truly exceptional opportunity for an experienced restaurateur or a savvy investor looking to enter the thriving hospitality market. The property's strategic location and established customer base provide a solid foundation for continued success and growth. Don't miss this chance to own a profitable and well-maintained business in a desirable Minnesota town. Schedule your showing today.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $260,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Pemberton
County
Blue Earth
State
Minnesota
Longitude
-93.7824
Latitude
44.0092
CBSA code
31860
CBSA name
MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA

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
2024
$3,582
$8,700
$107,000
$115,700
-
$8,700
$107,000
$115,700
More about this property
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