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    OFF-MARKET
    Commercial real estate

    432 State 6, Outing, MN 56662

    3,100 SF 0.33 ac lot Built 1950
    Property ID
    US46-1380126
    Property summary
    AI-generated overview

    This exceptional 3,100 square foot commercial property, situated on a 0.33-acre lot at 432 State Highway 6 NE in Outing, Minnesota, presents a unique investment opportunity. Currently operating as a thriving restaurant and liquor store, this established business enjoys a prime location directly off scenic Highway 6, placing it in the heart of the popular Outing Lakes area. Its strategic position across the highway from public docks and Roosevelt Lake ensures high visibility and convenient access for customers. The building's versatile layout offers significant potential for a variety of commercial uses, allowing for continuation of the existing business or the implementation of a new venture. The property's history includes previous operation as a grocery store, demonstrating its adaptability to diverse business models. The substantial square footage provides ample space for operations, storage, and potential expansion. This turnkey opportunity combines a proven business model with a highly desirable location, making it an attractive investment for entrepreneurs seeking a profitable enterprise in a thriving recreational area. The property's location near the lake and public docks offers significant foot traffic and visibility, ensuring a strong customer base. This is a rare chance to acquire a well-established business with significant growth potential in a sought-after Minnesota lakeside community. The sale includes the building and existing business operations.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1950
    Total area 3,100 SF
    Lot 0.33 ac (14,375 SF)
    UPID US46-1380126
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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