29410 Beroun Xing Rd, Pine City, MN 55063-5891
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.