Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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