Technical
Financial
Distress signals
Property profile

135 Miles St Appleton, MN 56208

OFF-MARKET
Other commercial real estate
Property ID
US46-2336502
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Peg’s Place is a restaurant property located in downtown Appleton, Minnesota, on a 0.052-acre lot in Swift County. The building is configured for food service and has undergone maintenance and updates to mechanical systems, including a furnace, AC unit, water heater, and plumbing, with roof maintenance that included installation of new roof drains. The dining area measures approximately 23' x 44' and accommodates seating for about 50–60 people; it features newer luxury vinyl flooring and a short stub wall separating the prep area from the dining area. The kitchen provides dedicated workspace and includes two stainless steel sinks with a handwashing station, a six-burner stove/flattop range and an additional flat top, two refrigerators, and four freezers (two chest and two upright). The kitchen is equipped with an exhaust hood and a fire suppression system. The property is zoned for business/commercial use and is set up with the necessary equipment and supplies for day-to-day operations, including kitchen cookware and utensils.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
APN 22-0095-000
UPID US46-2336502

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
  • Restaurant

Location

135 Miles St Appleton, MN 56208-1316
Appleton metro Census 960400
Google Maps

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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