107 10th St Grand Rapids, MN 55744-4326
This exceptional business opportunity in Grand Rapids, Minnesota, presents a chance to acquire a well-established clothing alterations and repair shop. Located at 107 SE 10th Street, 55744, this 384-square-foot retail space has served a loyal clientele for 20 years, building a strong reputation for quality service and customer trust. The business boasts consistent revenue and offers a variety of services including hemming, zipper replacement, patching, and more. The asking price for this turnkey operation is $65,000. A skillset in sewing is highly recommended for prospective buyers. The current owner is committed to a smooth transition and is willing to assist the new owner to ensure continued success. This is a rare opportunity to own a profitable, established business with a proven track record in a desirable location. The property itself is a retail space, and the sale includes the established business only; no land is included in the sale. This is an excellent opportunity for an experienced tailor or someone looking to enter the retail sector with a pre-existing customer base. The business is ready for a new owner to continue its legacy of success. Serious inquiries only.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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.