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    OFF-MARKET
    Commercial real estate

    410 Main St, Sandstone, MN 55072-5204

    1,000 SF 0.09 ac lot Built 1895
    Individually Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US46-1465540
    Property summary
    AI-generated overview

    This exceptional opportunity encompasses a thriving pizza business and its accompanying building, ideally situated in the vibrant heart of downtown Sandstone, Minnesota. The property at 410 Main Street boasts a generous 1,325 square feet of space on a 0.09-acre lot, providing ample room for both the established pizza operation and potential expansion. The sale includes not only the building itself but also all existing equipment, ensuring a seamless transition for the new owner. Current inventory is also included, allowing for immediate continuation of operations. The business is well-established and benefits from a strong local following, with the pizza and ice cream offerings proving particularly popular. Recent updates and renovations have been completed by the seller, guaranteeing a move-in ready condition and minimizing upfront investment for the buyer. Financial records are available upon request to qualified buyers. This is a rare chance to acquire a profitable, turnkey business with significant growth potential in a desirable downtown location. The property is priced competitively at $225,000, representing an excellent return on investment for the right entrepreneur. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1895
    Total area 1,000 SF
    Lot 0.09 ac (3,746 SF)
    APN 45.5391.000
    UPID US46-1465540
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    David Mitchell · 3 yrs held
    David Mitchell
    since 2022
    Last sale
    $97,000
    6 recorded transactions
    2022
    $115,000
    2022
    $97,000
    2021
    2010
    2009
    2009
    $35,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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