Property profile

29410 Beroun Xing Rd Pine City, MN 55063

OFF-MARKET
Bars & Pubs
Property ID
US46-1475938
2,672 SF 4.99 ac lot Built 2003
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This commercial property consists of a log-structured bar and restaurant ("Mavericks Saloon") with an overall building size of 4,060 square feet, situated on 4.99 acres of land. The main dining area provides seating for approximately 75 patrons indoors with additional seating on a screened-in outdoor patio. Offsite and outdoor amenities include a large, expandable parking lot with capacity for 100+ vehicles and an 18' x 20' covered pavilion located to the east of the building. The building interior features a log structure with open vaulted ceilings. Food service infrastructure includes a remodeled 12' x 40' kitchen with a 12' long vent hood and specified cooking equipment (broaster, three deep fryers, flat grill with oven, and a char broiler). Heating is provided via in-floor heat using an outdoor wood boiler or a propane boiler system. The property is located on the snowmobile and ATV trail, positioned within the Pine City area (less than 15 minutes north of Pine City) and just south of Hinckley; an additional 96+ acres of land may be available as part of a larger land package.

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

Location

29410 Beroun Xing Rd Pine City, MN 55063-5891
Pine City metro Census 950600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2020
Last sale
$420,000
1 recorded transaction
2020
$420,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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