122 2nd NW St Ortonville, MN 56278-1409
Property summary
This exceptional opportunity presents the chance to acquire a thriving coffee shop located at 122 2nd Street NW in Ortonville, Minnesota. The 1,250 square foot establishment, situated on Main Street, enjoys high visibility and consistent customer traffic. Lingonberry's coffee shop has built a strong reputation within the community and attracts both local residents and tourists. The menu features a diverse selection of beverages, including espressos, lattes, Italian cream sodas, apple cider, and tea, catering to a wide range of preferences. Beyond beverages, the coffee shop offers rotating food specials, contributing to its popularity and repeat customer base. The business boasts a welcoming atmosphere, further enhancing the customer experience. This turnkey operation provides an immediate income stream and the chance to own a well-established business in a desirable location. The asking price for this profitable venture is $200,000. This is a rare opportunity for an entrepreneur seeking to own and operate a successful, established business. The property itself is not situated on any acreage. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Insurance Agency
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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