For Sale
$250,000

209 5Th Ave Truman, MN 56088

Turnkey Restaurant & Liquor Business. High Occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a fully operational, single-tenant retail property encompassing 5,100 square feet. Located at 209 N 5th Ave E in Truman, Minnesota, 56088, this property boasts a prime location, situated conveniently off MN-15 and directly across from Casey's, Dollar General, and NAPA. The property includes two income-generating businesses operating under one roof: a restaurant and a liquor store with a separate entrance. Built in 1959 and renovated in 2008, the single-story building sits on a 0.45-acre lot and features two parking lots providing ample parking, including wheelchair accessibility via a ramp. The restaurant, currently operating at 100% occupancy, includes an outdoor patio for seasonal use. The property's previous outdoor concert use in the summer months highlights its versatile potential. The asking price is $250,000, translating to $49.02 per square foot. The name "Aardvark's" is not included in the sale. This is a rare chance to acquire a well-established, high-performing business with significant upside potential. The property offers a unique blend of established revenue streams and flexible outdoor space, making it an attractive investment for discerning buyers.

Highlights

  • Restaurant and Liquor Store on 45 acres
  • Two parking lots
  • Outdoor patio

Property Details for 209 5Th Ave

Property type
Retail properties, Restaurants
Square Feet
5,100 SF
Year Built/Renovated
1959/2008
Buildings
1
Stories
1
Lot Size (sq. ft)
19,602 SF
Units
2

Location Insight

City
Truman
County
Martin
State
Minnesota
Latitude
43.8295073
Longitude
-94.4284583

FAQs

What type of property is this?
Retail property - Turnkey Restaurant & Liquor Business. High Occupancy.
Where is the retail property located?
The property is located at 209 5Th Ave Truman, MN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Restaurant and Liquor Store on 45 acres; Two parking lots; Outdoor patio
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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209 5Th Ave
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