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    314 Main St Littlefork, MN 56653

    • Commercial real estate
    • 2,480 SF
    For Sale
    View listing
    $175,000
    Value Estimation
    Location Intelligence
    Property ID
    US46-2116149
    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 314 Main St

    Property size
    2,480 SF
    Property type
    Commercial real estate
    APN
    95-010-05200
    APU
    9501005200

    Description

    This exceptional opportunity presents a fully operational restaurant located at 314 Main Street in the inviting community of Littlefork, Minnesota. The property boasts a generous 2,480 square feet of interior space, ideal for both dining and operational needs. Recent equipment upgrades enhance efficiency and functionality. A significant advantage is the inclusion of a valid liquor license, opening avenues for increased revenue streams. The property also includes a sizable 0.25-acre lot adjacent to the building, providing ample space for outdoor seating, creating a welcoming atmosphere for patrons to enjoy. This established business benefits from a loyal customer base, providing a solid foundation for continued success. The asking price for this turnkey operation is $175,000. This presents a rare chance to acquire a thriving restaurant with existing infrastructure and a built-in customer base, minimizing the start-up challenges often associated with new ventures. The property is ready for immediate operation, allowing the new owner to focus on building upon the existing success. Further images will be available shortly. Don't miss this chance to own your own thriving business in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Littlefork
    County
    Koochiching
    State
    Minnesota
    Longitude
    -93.5571
    Latitude
    48.3965

    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
    $1,106
    $2,200
    $41,100
    $43,300
    -
    $2,200
    $41,100
    $43,300

    Comparable in this City

    • Value Estimation by Request

      1500 6th Ave

      COMMERCIAL (GENERAL)
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      709 4th Ave

      COMMERCIAL (GENERAL)
      709 4th Ave, Littlefork, MN 56653
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    • Value Estimation by Request
      2,772 SF

      Littlefork, MN 56653

      COMMERCIAL (GENERAL) • 2,772 SF
      Littlefork, MN 56653
      View Details
    • Value Estimation by Request
      1,600 SF

      221 Mcpherson St

      COMMERCIAL (GENERAL) • 1,600 SF
      221 Mcpherson St, Littlefork, MN 56653-4004
      View Details
    • Value Estimation by Request
      4,278 SF

      320 Main St

      COMMERCIAL (GENERAL) • 4,278 SF
      320 Main St, Littlefork, MN 56653
      View Details
    • Value Estimation
      $210,000
      6,800 SF

      5857 County Rd 77

      COMMERCIAL (GENERAL) • 6,800 SF
      5857 County Rd 77, Littlefork, MN 56653
      View Details

    Similar Nearby for Sale

    • $175,000
      2,480 SF

      Littlefork Restaurant - Turnkey Opportunity

      Charming Restaurant, Established Clientele, Liquor License
      314 Main St, Littlefork, MN 56653
      View Details
    • $169,000
      13,680 SF

      Main Street Commercial Building, Littlefork

      Mixed-use building with living spaces and commercial potential in Littlefork.
      300 Main St, Littlefork, MN 56653
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    • $200,000
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      Private 80-Acre Minnesota Land Parcel

      80 acres with storage buildings, trails, and flowing creek.
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    314 Main St
    Littlefork, MN 56653
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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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