531 Railroad Ave Albany, MN 56307
- Commercial real estate
- 550 SF
- 0.08 lot acres
Current Use by Public Records
- Albany Home Bakery / Bakery
Property Details for 531 Railroad Ave
- Year built
- 1972
- Construction
- WOOD
- Lot size
- 0.08 lot acres
- Property size
- 550 SF
- Property type
- Commercial real estate
- APN
- 40.25580.0000
- APU
- 40255800000
Description
This exceptional opportunity presents the acquisition of a well-established and profitable bakery located at 531 Railroad Avenue in Albany, Minnesota. The bakery boasts a substantial 2,975 square foot building situated on a 0.08-acre lot. For over two decades, this beloved local institution has cultivated a loyal customer base, renowned for its warm atmosphere and high-quality baked goods. The extensive menu features a wide array of freshly baked breads, pastries, custom cakes, and savory treats, including signature items like specialty breads (cracked wheat and rye), flaky danishes, and decadent cupcakes. The bakery prides itself on using high-quality ingredients and traditional techniques, sourcing seasonal produce from local farms whenever possible. More than just a bakery, this property serves as a community gathering place, fostering a strong sense of local connection. The business is offered at $399,900, representing a turnkey opportunity for an experienced entrepreneur or investor seeking a profitable and established business in a thriving community. The sale includes all existing equipment and fixtures, allowing for immediate operation and continued success. This is a rare chance to own a cherished local landmark with a proven track record and significant growth potential. The property's prime location in the heart of Albany ensures high visibility and convenient access for customers.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $240,000
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Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Stearns
- State
- Minnesota
- Longitude
- -94.5704
- Latitude
- 45.6303
- CBSA code
- 41060
- CBSA name
- ST. CLOUD, MN METROPOLITAN STATISTICAL AREA