Property profile

201 NOKOMIS ST Osakis, MN 56360

OFF-MARKET
Bar, Tavern
Property ID
US46-1417593
2,464 SF Built 2005
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Property summary

AI-generated overview

The property is a bar & grill restaurant in the heart of Osakis, configured for dine-in and take-out service and supporting event activity such as meetings and live music, with room for outdoor service. It operates within a Business/Commercial zoning designation and is situated on a 0.35-acre lot. The sale is described as including restaurant furniture, fixtures, equipment, digital signage, an ATM, recipes, and operational systems, indicating a managed, operationally equipped interior. The listing also references recent improvements and updated equipment for operational stability, along with plans for a brand-new patio scheduled for Spring 2026 to expand outdoor capacity and seasonal use.

Property profile

Verified
Property type Bar, Tavern
Year built 2005
Total area 2,464 SF
APN 93-0023-600
UPID US46-1417593

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

201 NOKOMIS ST Osakis, MN 56360
Osakis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
Last sale
$450,000
1 recorded transaction
2024
$450,000
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