101 5th N St, Walker, MN 56484
This exceptional commercial property at 101 5th Street N in Walker, Minnesota presents a unique investment opportunity. The 6,540 square foot building houses a thriving, long-established restaurant and bar boasting a loyal customer base and excellent reputation for quality food and service. Its prime location sits directly on a busy biking/hiking and snowmobile trail, ensuring high visibility and convenient access for patrons. Ample parking is available on-site. The sale includes all business assets: equipment, menus, and signage, providing a turnkey operation for the new owner. Adding to the property's appeal are four income-generating apartments located upstairs. One apartment offers two bedrooms, while three others provide one bedroom each. These furnished units offer immediate rental income potential, providing flexibility for on-site living or additional revenue streams. This turnkey business, with its established clientele and multiple income sources, presents a compelling opportunity for growth and profitability within the vibrant Walker community. The property is offered at $575,000. This is a rare chance to acquire a well-established business with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.