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Property profile & analytics
FOR SALE
Turn key restaurants

5349 County 249 Caledonia, MN 55921

1,936 SF 1 ac lot Built 1950
Entity Owned 8-yr Hold Free & Clear
Property ID
US46-2674251
Property summary
AI-generated overview

This exceptional offering presents a rare opportunity to acquire a thriving restaurant and bar situated just 10 miles east of Caledonia, Minnesota, on a scenic valley route. The 1,936 square foot commercial building enjoys a prime location, drawing clientele from a wide radius, and boasts a rich history as a beloved community establishment for many years. The business is currently operational and includes all necessary equipment and fixtures for immediate continuation of operations. Adding significant value is a separate ranch-style home on the 0.83-acre property. This residence offers versatile options: owner occupancy, rental income generation, or potential for employee housing. The property's combination of a profitable, established business and a separate residential dwelling provides a unique investment opportunity with multiple income streams. Financial details and a comprehensive inventory of included business assets are available upon request. This turnkey operation is poised for continued success and represents a compelling investment in a desirable location. Don't miss this chance to own a piece of local history and a thriving business. Serious inquiries only.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 1,936 SF
Lot 1 ac (43,560 SF)
APN 04.0174.000
UPID US46-2674251
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
Current use
Occupant on record · Public records
  • Little Miami Restaurant & Bar Restaurant
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
Gasthaus LLC · 8 yrs held
Gasthaus LLC
since 2017
2 recorded transactions
2017
$150,000
2011
$105,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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