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    Property profile & analytics

    345 Main N St Renville, MN 56284-5000

    • Bars
    • 3,746 SF
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US46-2452193
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Main Street Bar & Grill / Bar & Grill

    Property Details for 345 Main N St

    Property size
    3,746 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    36-00940-00
    APU
    360094000

    Description

    This thriving Renville, MN establishment presents a unique investment opportunity. Located at 345 Main Street N, this 7,106 square foot property sits on a 0.17-acre lot and is currently operating as a successful bar and restaurant. The business boasts a strong reputation for its food and drink offerings, further enhanced by the additional revenue stream generated from pull tabs sales. Recent significant improvements have been made to the building, significantly enhancing its operational efficiency and aesthetic appeal. These updates include a complete overhaul of the walk-in cooler, a brand-new HVAC system, exterior renovations, and a fresh coat of paint, minimizing immediate maintenance needs for the new owner. Adding to the property's financial attractiveness is a separately rented garage space, providing a consistent supplemental income stream. This turnkey operation offers a rare chance to own and operate an established business with proven profitability and significant recent upgrades, making it an ideal investment for an entrepreneur seeking a ready-made venture in a vibrant small-town setting. The asking price for this exceptional property is $300,000. This includes the building, the established business, and all existing equipment. Don't miss this chance to own your own piece of Renville's thriving business community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $210,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $180,000
      Mixed-Use
      $215,000
      Hospitality
      $230,000
      Educational
      $190,000
      Residential Income
      $240,000
      Energy
      $200,000
      Income-Based Land
      $190,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Renville
    County
    Renville
    State
    Minnesota
    Longitude
    -95.2117
    Latitude
    44.7921

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,996
    $6,300
    $110,800
    $117,100
    -
    $6,300
    $110,800
    $117,100

    Comparable in this City

    • Value Estimation
      $230,000
      2,750 SF

      313 Main N St

      RESTAURANT • 2,750 SF
      313 Main N St, Renville, MN 56284
      View Details
    • Value Estimation
      $465,000
      3,040 SF

      21278 820th Ave

      RESTAURANT • 3,040 SF
      21278 820th Ave, Renville, MN 56284-2461
      View Details
    • Value Estimation by Request

      303 Main N St

      RETAIL STORES (PERSONAL SERVICES)
      303 Main N St, Renville, MN 56284
      View Details
    • Value Estimation by Request
      3,500 SF

      401 Main N St

      RETAIL STORES (PERSONAL SERVICES) • 3,500 SF
      401 Main N St, Renville, MN 56284
      View Details
    • Value Estimation
      $380,000
      7,480 SF

      304 Main N St

      GROCERY, SUPERMARKET • 7,480 SF
      304 Main N St, Renville, MN 56284-5000
      View Details
    • Value Estimation by Request

      436 Main N St

      RETAIL STORES (PERSONAL SERVICES)
      436 Main N St, Renville, MN 56284-5002
      View Details
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    345 Main N St
    Renville, MN 56284-5000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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