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    Ihlen, MN
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    Ihlen, MN Restaurants for Sale

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    Jasper, MN Pipestone, MN Edgerton, MN
    Updated Restaurant/Bar on Highway 23
    $257,000
    3,834 SF

    Updated Restaurant/Bar on Highway 23

    102 Waldo Ave S, Ihlen, MN 56164

    Turnkey restaurant/bar with recent updates and highway visibility.

    • Recently and extensively updated 3834 sq. ft. restaurant/bar.
    • High‑visibility location on Hwy 23.
    • Turnkey property ready for immediate operation.
    • Generous amount of parking on a 0.65 acre lot.
    • New furnace and A/C units.
    Updated: Mar 11
    View details
    Updated Restaurant/Bar on Highway 23
    $257,000
    0.65 Acres

    Updated Restaurant/Bar on Highway 23

    102 Waldo Avenue S, Ihlen, MN 56164

    Turnkey restaurant/bar with recent updates and highway visibility.

    • Turnkey restaurant/bar property with extensive recent updates completed in late fall 2019.
    • High‑visibility location on Hwy 23, convenient to Pipestone, Jasper, Trent, and Trosky.
    • Generous parking on a 0.65‑acre lot.
    • Updated with new furnace and A/C units.
    • Building size of 3834 sq. ft.
    Updated: Mar 11
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ihlen, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Bar and Restaurant For Sale
    $378,500
    2,568 SF

    Established Bar and Restaurant For Sale

    Profitable bar and restaurant in growing community near college campus.

    123 SW 1st St, Madison, SD 57042
    View details
    Restaurant with Drive-Thru For Sale
    $2,650,000

    Restaurant with Drive-Thru For Sale

    Recently built restaurant with drive-thru, furniture, fixtures, and equipment included.

    5120 E. Arrowhead Parkway, Sioux Falls, SD 57110
    View details
    Restaurant with Drive-Thru For Sale
    $2,650,000

    Restaurant with Drive-Thru For Sale

    Recently built restaurant with drive-thru, furniture, fixtures, and equipment included.

    5120 E. Arrowhead Parkway, Sioux Falls, SD 57110
    View details
    Highway Frontage Redevelopment Opportunity
    $325,000
    1.18 Acres

    Highway Frontage Redevelopment Opportunity

    1.18-acre highway frontage property suitable for redevelopment.

    514 S Washington Ave, Madison, SD 57042
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Main Street Commercial Land
    $99,000
    0.32 Acres

    Prime Main Street Commercial Land

    Build-ready lot in thriving Dell Rapids commercial corridor.

    4th St, Dell Rapids, SD 57022
    View details
    Commercial Lot in Growing Tea
    $220,000
    0.68 Acres

    Commercial Lot in Growing Tea

    High-visibility commercial lot in a high-growth Sioux Falls metro area.

    500 N Heritage Pkwy, Tea, SD 57064
    View details
    Commercial Lot in Elk Point
    $87,352
    0.51 Acres

    Commercial Lot in Elk Point

    Half-acre commercial lot with high visibility in Elk Point, SD.

    2001 Jack Nicklaus Dr., Elk Point, SD 57025
    View details
    Prime Commercial Space in Sioux City
    Contact for pricing
    2.08 Acres

    Prime Commercial Space in Sioux City

    Exceptional commercial space in downtown Sioux City with high visibility.

    130 Nebraska St, Suite A, Sioux City, IA 51101
    View details

    Ihlen, MN Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Ihlen, MN on our real estate platform. These investment opportunities span a total of 3,834 square feet of properties for sale, with an estimated market value of $257,000.

    Sale prices for restaurant properties in Ihlen, MN start at $257,000, averaging $257,000, and reaching up to $257,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Bars & Pubs 2
    Conventional restaurants 1

    Demographics Overview

    Population 5,627
    Population Growth (5Y) +4.7%
    Median Household Income $71,474
    College Educated 52.2%

    High-Yield Neighborhoods for Strategic Investment

    Identify Ihlen submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    Pipestone - 56164 $257K

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