For Sale
$749,000

812 7Th AveTwo Harbors, MN 55616

Turnkey Restaurant, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional turnkey restaurant opportunity in Two Harbors, Minnesota, is ideally situated on a main thoroughfare, ensuring high visibility and ample foot traffic. The property, known as the "Vanilla Bean," boasts a total of 3,718 square feet, encompassing a 2,670 square foot interior dining area and an additional 805 square feet of outdoor patio seating, perfect for the busy summer and fall seasons. An adjacent 1,404 square foot retail building is currently leased, providing additional income potential. The property includes ample parking for patrons and staff. Built in 1903 and renovated in 1995, this single-story building sits on two parcels of land (APN: 23-7661-33010 / 23-7661-33010) and is offered at an asking price of $749,000 ($201.45 per square foot). 2022 property taxes totaled $9,654.58. This is a rare chance to acquire a well-established, profitable business in a desirable location. The property is available for purchase.

Highlights

  • Turnkey restaurant opportunity in Two Harbors, MN, on a main thoroughfare with high visibility and foot traffic.
  • 3,718 SF building with 2,670 SF interior dining area and 805 SF outdoor patio.
  • Includes a 1,404 SF leased retail building, providing additional income.
  • Ample parking.
  • Single-story building on two parcels (APN: 23-7661-33010 / 23-7661-33010), built in 1903, renovated in 1995.
  • Asking price: $749,000 ($201.45/SF); 2022 property taxes: $9,654.58.

Property Details for 812 7Th Ave

Property type
Retail properties, Restaurants
Square Feet
3,718 SF
Year Built/Renovated
1903/1995
Buildings
1
Stories
1
Units
2

Location Insight

City
Two Harbors
County
Lake
State
Minnesota
Latitude
47.0254859
Longitude
-91.6756368
812 7Th Ave, Two Harbors, Minnesota

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812 7Th Ave
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