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Property profile & analytics

209 5th E Ave Truman, MN 56088-1105

  • Commercial real estate
  • 5,100 SF
  • 0.45 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
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.

Current Use by Public Records

  • Aardvark's Bar & Grill / Bar & Grill / Bar
  • Aardvark's Liquor Store / 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 size
5,100 SF
Property type
Commercial real estate
APN
41.580.0090
APU
415800090

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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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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