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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    314 Main St, Littlefork, MN 56653

    2,480 SF
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US46-2116149
    Property summary
    AI-generated overview

    This exceptional opportunity presents a fully operational restaurant located at 314 Main Street in the inviting community of Littlefork, Minnesota. The property boasts a generous 2,480 square feet of interior space, ideal for both dining and operational needs. Recent equipment upgrades enhance efficiency and functionality. A significant advantage is the inclusion of a valid liquor license, opening avenues for increased revenue streams. The property also includes a sizable 0.25-acre lot adjacent to the building, providing ample space for outdoor seating, creating a welcoming atmosphere for patrons to enjoy. This established business benefits from a loyal customer base, providing a solid foundation for continued success. The asking price for this turnkey operation is $175,000. This presents a rare chance to acquire a thriving restaurant with existing infrastructure and a built-in customer base, minimizing the start-up challenges often associated with new ventures. The property is ready for immediate operation, allowing the new owner to focus on building upon the existing success. Further images will be available shortly. Don't miss this chance to own your own thriving business in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 2,480 SF
    APN 95-010-05200
    UPID US46-2116149
    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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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Barb Ferguson Enterprises · 6 yrs held
    Barb Ferguson Enterprises
    since 2019
    3 recorded transactions
    2019
    $100,000
    2014
    2008
    $139,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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