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    OFF-MARKET
    Turn key restaurants

    230 Main N St, Pierz, MN 56364-1570

    2,358 SF Built 1972
    Individually Owned Free & Clear
    Property ID
    US46-1962265
    Property summary
    AI-generated overview

    This exceptional opportunity presents the chance to acquire a thriving, well-established business situated on the highly trafficked Highway 25 in Pierz, Minnesota. The property, located at 230 Main Street N, encompasses a substantial 2,358 square feet on a 0.09-acre lot. The building boasts significant recent improvements, including a substantial addition completed in 2019. This addition features a brand-new, modern kitchen, a key factor in expanding the customer base for both dine-in and takeout services. The business benefits from a loyal clientele drawn to its unique, old-world charm, attracting patrons from a wide area. This is a truly turnkey operation, including the real estate itself, along with all trade fixtures and equipment. The sale price of $549,000 represents a compelling investment in a proven, profitable business. Inventory will be purchased separately at the time of sale. This presents a rare opportunity to own a well-regarded establishment in a desirable location with a strong track record of success. The high visibility and convenient highway access ensure continued strong performance. The combination of established clientele, recent upgrades, and prime location makes this a highly attractive proposition for a discerning buyer. Don't miss this chance to own a piece of Pierz's vibrant business community.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1972
    Construction WOOD
    Total area 2,358 SF
    APN 42.0232.000
    UPID US46-1962265
    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
    Current use
    Occupant on record · Public records
    • Bootleggers Bar Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    BARBARA A TRETTER
    BARBARA A TRETTER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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