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    209 5th E Ave Truman, MN 56088-1105
    Property profile & analytics

    209 5th E Ave, Truman, MN 56088-1105

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    • Commercial real estate
    • 5,100 SF
    • 0.45 lot acres
    Off-Market
    Property ID
    US46-2563460
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Aardvark's Bar & Grill / Bar & Pub / Restaurant
    • Aardvark's Liquor Store / (Bike/Boat/Book/etc) Store / Wine and Liquor Store

    Property Details for 209 5th E Ave

    Year built
    1959
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.45 lot acres
    Property type
    Commercial real estate
    APN
    41.580.0090
    APU
    415800090

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 27, 2005 $235,000 Aardvars Bar & Grill INC Ajax Liquor Store INC Warranty Deed —

    Description

    This exceptional turnkey opportunity in Truman, Minnesota presents a rare chance to acquire a thriving, established business. The property, located at 209 N 5th Ave E, encompasses a substantial 5,100 square feet of retail space, perfectly configured to operate both a restaurant and a liquor store simultaneously. The Aardvarks Bar & Grill and Off Sale Liquor Store currently occupy the building, offering a seamless blend of dining and beverage sales. The property boasts a significant advantage with two distinct parking lots, providing ample parking for patrons of both businesses. Separate entrances for the restaurant and liquor store ensure efficient customer flow and operational convenience. Accessibility is further enhanced by a conveniently located handicap ramp at the front of the building. Situated on a 0.45-acre lot in Martin County, this property offers a prime location in Truman, MN (zip code 56088). The single-tenant occupancy simplifies management and provides a stable income stream. This is an ideal investment for an entrepreneur seeking a well-established, dual-revenue business with significant growth potential. The property's size, layout, and existing infrastructure provide a solid foundation for continued success. This is a truly unique opportunity to own a profitable and established business in a desirable location. The property is ready for immediate operation, minimizing start-up costs and maximizing return on investment.


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    Location Insight

    • Map
    • Local Demand
    City
    Truman
    County
    Martin
    State
    Minnesota
    Longitude
    -94.4284
    Latitude
    43.8295
    CBSA code
    21860
    CBSA name
    FAIRMONT, MN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,950
    $12,000
    $108,100
    $120,100
    -
    $12,000
    $108,100
    $120,100
    More about this property
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