Property profile

410 Main St Sandstone, MN 55072

OFF-MARKET
Commercial real estate
Property ID
US46-1465540
1,000 SF 0.09 ac lot Built 1895
Individually Owned 3-yr Hold ~ Est. High Equity
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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

Location

410 Main St Sandstone, MN 55072-5204
Sandstone metro Census 950402
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$80k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2022
Last sale
$97,000
6 recorded transactions
2022
$115,000
2022
$97,000
2021
Price N/A
2010
Price N/A
2009
Price N/A
2009
$35,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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