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122 2nd NW St Ortonville, MN 56278-1409

OFF-MARKET Office Spaces Google Maps
480 SF Built 1910
Entity Owned Absentee Owner Free & Clear
Estimated value
No estimation on file for this property yet.
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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Insurance Agency

Value estimations

Realmo proprietary · 4 methods
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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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