5349 County 249Caledonia, MN 55921

Property Details for 5349 County 249

Year built

1950

Lot size

1.00 AC

Property size (Sq ft)

1,936 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

04.0174.000

APU

40174000

Description

This exceptional offering presents a rare opportunity to acquire a thriving restaurant and bar situated just 10 miles east of Caledonia, Minnesota, on a scenic valley route. The 1,936 square foot commercial building enjoys a prime location, drawing clientele from a wide radius, and boasts a rich history as a beloved community establishment for many years. The business is currently operational and includes all necessary equipment and fixtures for immediate continuation of operations. Adding significant value is a separate ranch-style home on the 0.83-acre property. This residence offers versatile options: owner occupancy, rental income generation, or potential for employee housing. The property's combination of a profitable, established business and a separate residential dwelling provides a unique investment opportunity with multiple income streams. Financial details and a comprehensive inventory of included business assets are available upon request. This turnkey operation is poised for continued success and represents a compelling investment in a desirable location. Don't miss this chance to own a piece of local history and a thriving business. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $468,470

  6.5%

  $432,434

  7%

  $401,546

• Comparable approach

  Method

  Valuation

  Relative Method

  $249,010

  Geo Method

  $249,010

• Alternative Use

  Use

  Valuation

  Residential

  $364,774

  Hospitality

  $334,131

  Educational

  $277,993

  Medical

  $287,554

  Retail

  $432,434

Location Insight

City

Caledonia

County

Houston

State

Minnesota

Latitude

43.6099

Longitude

-91.3612

CBSA code

29100

CBSA name

LA CROSSE, WI-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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