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    OFF-MARKET
    Office Spaces

    122 2nd NW St, Ortonville, MN 56278-1409

    480 SF Built 1910
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US46-2818625
    Property summary
    AI-generated overview

    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
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1910
    Total area 480 SF
    APN 22-0220-000
    UPID US46-2818625
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Charles Fischer American Family Insurance Insurance Agency
    • American Family Insurance Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    FISCHER RENTALS LLC
    FISCHER RENTALS LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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