404 Main St, Littlefork, MN 56653-9360
This exceptional commercial property, located at 404 Main Street in Littlefork, Minnesota, presents a unique investment opportunity. The 21,780 square foot lot houses a thriving, long-established hardware store, currently operating as a full-line Hardware Hank franchise. Built in 1906, the building boasts a rich history and strong community ties, serving a loyal customer base within a 50-mile radius. The business includes a rental department added in 2006, catering to the recreational needs of the area's residents. Littlefork's picturesque location on the Littlefork River offers abundant outdoor recreation opportunities, including hunting, fishing, ATV trails, and snowmobiling, with proximity to Voyageurs National Park further enhancing its appeal. The current owners, operating the business for three generations, are committed to assisting a smooth transition for new ownership. This turnkey operation offers a blend of established success and significant growth potential within a vibrant, outdoor-focused community. The property's strategic location, coupled with the existing business's strong reputation and loyal customer base, makes this a compelling investment prospect for discerning buyers seeking a profitable venture in a desirable Minnesota setting. The asking price for this exceptional property is $594,000. The zip code is 56653. The property is conveniently located 25 miles south of International Falls, MN and the Canadian border.
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
No recorded transactions found for this property.
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.