6501 School StFinlayson, MN 55735

  • Commercial real estate
  • 2,400 SF
For Sale
$350,000 View listing

Property Details for 6501 School St

Year built
1998
Lot size
1.42 AC
Property size (Sq ft)
2,400 SF
Property type
Commercial real estate
APN
38.0026.000
APU
380026000

Description

This exceptional opportunity presents a thriving restaurant in Finlayson, Minnesota, ideally situated on a double lot (0.71 acres) along busy Highway 18. The 2,400 square foot building boasts updated seating and a fully equipped kitchen, ready for immediate operation. Its strategic location offers unparalleled visibility and accessibility, attracting customers from a wide area. The restaurant is one of the few dine-in options for miles, ensuring a consistent customer base. The current menu features popular homemade pies, soft-serve ice cream, and broasted chicken, establishing a loyal following. This turnkey operation is perfect for an experienced restaurateur looking to capitalize on an established business with significant growth potential or a new entrepreneur seeking a ready-made platform for their culinary vision. The property's high traffic location and existing customer base provide a strong foundation for success. The asking price is $350,000. Don't miss this chance to own a well-established restaurant in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $505,064
    Hospitality
    $462,636
    Educational
    $384,908
    Medical
    $398,145
    Retail
    $598,746

Location Insight

City
Finlayson
County
Pine
State
Minnesota
Latitude
46.2022
Longitude
-92.9179

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,962
$35,500
$158,700
$194,200
-
$35,500
$158,700
$194,200

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