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    FOR SALE
    Turn key restaurants

    317 Studdart Ave, Graceville, MN 56240

    1,272 SF Built 1947
    Individually Owned Free & Clear
    Property ID
    US46-2089087
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 317 Studdart Avenue in Graceville, Minnesota, 56240, presents a unique investment opportunity. The 4,087 square foot warehouse building sits on land and is classified as both industrial and commercial. Currently operating as a well-established and highly-regarded bar and restaurant, known as "Headquarters," this turn-key business has been a community staple for over two decades. The property boasts state-of-the-art facilities, immaculate condition, and a reputation for exceptional food and service, including a renowned pizza and catering services. The business is staffed by dedicated professionals, ensuring a smooth transition for a new owner. This is an unparalleled opportunity to acquire a thriving business in a charming small town setting, offering immediate income potential and significant long-term growth prospects. The asking price for this exceptional property is $675,000. This is a rare chance to own a piece of Graceville's history and continue its legacy of success. The property is located in Big Stone County and offers a clean, modern, and meticulously maintained space ready for immediate use.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1947
    Total area 1,272 SF
    APN 19-0159-000
    UPID US46-2089087
    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
    Current use
    Occupant on record · Public records
    • Headquarters Bar Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    CORY FUHRMAN
    CORY FUHRMAN
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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