115 Railway St W - Restaurant FOR SALE


$824,999 USD
612-331-8392
115 Railway St W, Loretto, MN for Sale
$824,999 USD
Restaurant - FOR SALE
1/17
null | 9.09% Cap Rate

NEW



OVERVIEW

This full brick, beautifully maintained building spans approximately 4,700 square feet and showcases strong curb appeal along with long-standing community presence. The property features a newly paved parking lot, a newer roof, and all major mechanical systems updated in 2022, providing peace of mind for years to come. Inside, the space is fully equipped with a majority of kitchen appliances and bar equipment replaced in 2022, allowing for a seamless transition to new ownership. The layout includes a dedicated bar area, dining space, and a separate banquet room—ideal for private events, parties, and additional revenue streams.

FOR SALE DETAILS

PRICE

$824,999 USD

PRICE/SF

$206 USD /SF

CAP RATE

9.09%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,646 SF

ZONING

CP

APN/PARCEL ID

06-118-23-34-0088

ASK ABOUT THIS PROPERTY

Mac ThelenOpportunities In BusinessMore Info
612-331-8392

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Mac ThelenOpportunities In BusinessMore Info
612-331-8392

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.