Property profile

301 8th SE Ave Pipestone, MN 56164

OFF-MARKET
Commercial real estate
Property ID
US46-2064303
Individually Owned 7-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional business opportunity presents a well-established Dairy Queen Treat store situated at 301 8th Avenue SE in Pipestone, Minnesota. Boasting a prime location near the convergence of Highways 23, 30, and 75, this 612-square-foot establishment benefits from high visibility and convenient access for customers. The property sits on a 0.18-acre lot. The building has undergone recent renovations, enhancing its operational efficiency and aesthetic appeal. These improvements include a newly installed drive-thru and walk-up menu board, ensuring seamless order placement. Furthermore, the store is equipped with modern, updated equipment, including a new orange juice cooler, novelty/small freezer, topping cooler, a state-of-the-art soft-serve ice cream machine, a soda dispenser, an automated ice machine, and a baking oven. A covered shelter area is already in place, designed for future enclosure, with Dairy Queen approval already secured. This turnkey operation offers a fantastic opportunity for an experienced entrepreneur or a first-time business owner seeking a profitable venture in a desirable location. The asking price for this thriving business is $325,000. This includes all existing equipment and fixtures. The high volume of seasonal traffic ensures a strong customer base, making this a truly exceptional investment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 18.810.0150
UPID US46-2064303

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop

Location

301 8th SE Ave Pipestone, MN 56164-2045
Pipestone metro Census 460200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2019
2 recorded transactions
2019
$100,000
2010
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 301 8th SE Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message