204 1St Ave, Pemberton, MN 56078
For Sale
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This exceptional business opportunity presents a well-established restaurant and bar ideally situated off State Highway 83 in Pemberton, Minnesota. Its central location between several towns ensures consistent customer traffic. The single-story building boasts two additions, completed in 2016 and 2018, enhancing its functionality and space. A durable metal roof provides long-term protection, while a nicely fenced patio area offers ample outdoor seating. The property also features a large parking lot for customer convenience. Inside, the restaurant showcases numerous updates and desirable amenities. Two distinct bar areas cater to diverse customer preferences, complemented by an array of tables, stools, and high-top seating. A large bathroom with ceramic tile adds a touch of modern elegance. This turnkey operation includes the building, land, existing inventory, and all appliances. The property's strong performance history and desirable features make it a highly lucrative investment. This is a truly exceptional opportunity for an experienced restaurateur or a savvy investor looking to enter the thriving hospitality market. The property's strategic location and established customer base provide a solid foundation for continued success and growth. Don't miss this chance to own a profitable and well-maintained business in a desirable Minnesota town. Schedule your showing today.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.