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    OFF-MARKET
    Bars & Pubs

    29410 Beroun Xing Rd, Pine City, MN 55063-5891

    2,672 SF 4.99 ac lot Built 2003
    Entity Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US46-1475938
    Property summary
    AI-generated overview

    This turnkey bar and grill, located at 29410 Beroun Crossing Rd, Pine City, MN 55063, presents a unique investment opportunity. The 4,060 square foot establishment, built in 2005 and extensively renovated in 2023, sits on a spacious 4.99-acre lot. The property includes two buildings, all on one story, and features a fully equipped kitchen with modern appliances including a 12' long vent hood, broaster, two deep fryers, flat grill with oven, and char broiler. The interior boasts seating for 75 patrons, complemented by an outdoor patio and an 18' x 20' covered pavilion. All inventory, fixtures, and equipment are included in the asking price of $495,000. The property benefits from in-floor heat powered by an outdoor wood boiler and features a real log structure with open vaulted ceilings. Its location on snowmobile and ATV trails adds to its appeal. The expansive lot offers significant potential for expansion, with possibilities including an event center, campground, RV park, or other ventures, subject to county approval. Additional land (96+ acres) is available for separate purchase. The property is zoned commercial and has an APN of 0080064002.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 2003
    Construction WOOD
    Total area 2,672 SF
    Lot 4.99 ac (217,364 SF)
    APN 08.0064.002
    UPID US46-1475938
    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
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    Blend (final) Blend
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    Owner & transaction history
    Badlands Enterinment LLC · 5 yrs held
    Badlands Enterinment LLC
    since 2020
    Last sale
    $420,000
    1 recorded transaction
    2020
    $420,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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