140 1St StHackensack, MN 56452

Property Details for 140 1St St

Property size (Sq ft)

1,791 SF

Property type

Commercial real estate

APN

89-337-0640

APU

893370640

Description

This exceptional investment opportunity in Hackensack, MN, presents a thriving restaurant business, a profitable duplex, and a billboard lease – all in one package! The 3,890 square foot property includes a well-established pizza restaurant, complete with all equipment, retail shelving, and inventory. The restaurant is renowned for its delicious pizza, extensive selection of retro candy, and unique gift offerings. Significant expansion potential exists, thanks to a large patio and ample outdoor space. Adding to the income stream is a duplex featuring two one-bedroom, three-quarter bathroom units, each with its own charm. A convenient attached two-car garage and shared laundry room cater to the tenants' needs. The property's prime location across from the city park and Birch Lake, adjacent to an ice cream shop and brewery, creates a vibrant and family-friendly atmosphere. The included billboard lease south of town provides additional passive income. This unique combination of established business, rental income, and prime location offers a compelling investment opportunity with substantial upside. The 0.01-acre lot provides ample space for the existing buildings and outdoor areas. This is a rare chance to acquire a turnkey operation with immediate cash flow and significant growth potential in a thriving community. Don't miss this chance to own a piece of Hackensack's vibrant business scene.

• Alternative Use

  Use

  Valuation

  Residential

  $376,904

  Hospitality

  $345,242

  Educational

  $287,238

  Medical

  $297,116

  Retail

  $446,814

Location Insight

City

Hackensack

County

Cass

State

Minnesota

Latitude

46.9299

Longitude

-94.5219

CBSA code

14660

CBSA name

BRAINERD, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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