Property profile

11919 Thiesse Rd Brainerd, MN 56401

OFF-MARKET
Theaters & concert halls
Property ID
US46-1656144
17,240 SF 4.1 ac lot Built 2016
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey business opportunity in Brainerd, Minnesota, presents a rare chance to acquire a thriving winery, restaurant, and event center all in one. The property, built in 2017, encompasses 19,084 square feet on a 4.01-acre lot and includes a Class A, two-story building with one loading dock and one dock-high door. The impressive facility boasts a full commercial kitchen servicing a 48-seat bistro, a spacious ballroom with a capacity exceeding 180 guests, and a dedicated bridal suite. Further enhancing its appeal is a guest apartment, ideal for owners or extended-stay visitors. The winery itself produces six distinct wines, including internationally award-winning varieties, adding significant value and prestige to the operation. This established business includes all assets, offering a seamless transition for the new owner. Located in Crow Wing County, Minnesota's second-top tourism area, and just seven minutes from downtown Brainerd (zip code 56401), this property presents an unparalleled opportunity in a prime location. The asking price is $5,500,000, reflecting a price per square foot of $288.20. The property features one unit, one bedroom, and two keys. The APN is 750051100A00009.

Property profile

Verified
Property type Theaters & concert halls
Use group ARENA, CONVENTION CENTER
Year built 2016
Total area 17,240 SF
Lot 4.1 ac (178,596 SF)
APN 75050523
UPID US46-1656144

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Brewery & Distillery Specialty Food Shop

Location

11919 Thiesse Rd Brainerd, MN 56401-6562
Brainerd metro Census 951400 BRAINERD, MN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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