810 Highway 73 Floodwood, MN 55736
This exceptional 6,580 square foot retail property located at 810 Hwy 73, Floodwood, MN, presents a unique investment opportunity. The building, situated on a 0.55-acre lot, has served as a thriving grocery store for over 70 years, establishing itself as a community cornerstone. The turnkey operation includes a sophisticated cooling system designed for optimal grocery storage, complemented by a heat reclamation system for energy efficiency. A substantial walk-in cooler, ample storage space, and a large parking lot enhance the property's functionality. Further adding to its versatility, a convenient loading dock is available, along with a two-bedroom, one-bathroom apartment located upstairs. The core commercial zoning allows for diverse uses beyond grocery retail, opening doors to a wide range of entrepreneurial ventures. The asking price is $199,000. This property offers a blend of established success and future potential, making it an attractive investment in a well-established Minnesota community. The substantial size and existing infrastructure provide a solid foundation for a variety of commercial uses. Don't miss this chance to acquire a piece of Floodwood's history and shape its future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.