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Property profile & analytics
OFF-MARKET
Bars & Pubs
202 Main S St, Stewartville, MN 55976-1362
Entity Owned
2-yr Hold
Free & Clear
Property ID
US46-1212352
Property summary
AI-generated overview
This exceptional business opportunity in Stewartville, Minnesota, presents a rare chance to acquire a substantial commercial property. Located at 202 S Main St, this 8,184 square foot building offers unparalleled visibility and high foot traffic due to its prime Main Street location. The property, built in 1955, features a two-story structure with one unit and is classified as Class C. The APN is 54.34.42.063858. Previously operating as a bar/lounge, this versatile space presents endless possibilities for a variety of retail ventures. The thriving community of Stewartville, Olmsted County, offers a strong local economy and ample potential for business growth. This property's prominent frontage allows for eye-catching signage, ensuring high visibility and attracting potential customers. The asking price for this unique opportunity is $300,000. Don't miss this chance to establish your business in a vibrant and growing community. This is a turnkey opportunity for an entrepreneur seeking a high-traffic location with significant potential.
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1955
Total area
8,184 SF
Lot
0.57 ac (24,742 SF)
APN
54.34.42.063858
UPID
US46-1212352
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
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
Ambassador Liquor INC · 2 yrs held
Ambassador Liquor INC
since 2024
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Stewartville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stewartville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,578
Tax year 2023
Assessed value
$189,300
Assessed 2021
Previous assessed
$189,300
+0.0% YoY
Effective rate
5.59%
On assessed value
Assessed land
$84,200
Assessed improvement
$105,100
Land market value
$84,200
Improvement market value
$105,100
Total market value
$189,300
Applied tax rate
2,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Cooling
CENTRAL
Bathrooms
4
Total area
8,184 SF
Lot
0.57 ac (24,742 SF)
APN
54.34.42.063858
UPID
US46-1212352
Jurisdiction
OLMSTED
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Heating
FORCED AIR
Cooling
Yes
Bathrooms
4
Lot
0.57 ac
Current owner
From public records · entity-resolved
Ambassador Liquor INC
Entity
Free & Clear · 2 yrs held
Mailing address
202 MAIN ST S, STEWARTVILLE, MN 55976-1362
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2024
—
Ambassador Liquor INC
City Of Stewartville
Re-recorded Document
related
—
Aug 2, 2019
$223,200
Tracy D Hinck
Ambassador Liquor INC
Contract Sale
$202,000 · Ambassador Liquor INC
Aug 2, 2019
—
Ambassador Liquor INC
Gary L Johnson
Quit Claim Deed
related
—
May 13, 2010
$298,500
Dana Dale Stowers
Ambassador Liquor INC
Contract Sale
$283,500 · Ambassador Liquor INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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