314 Main St, Littlefork, MN 56653
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.