1205 MN-28 - Restaurant FOR SALE


Glenwood, MN 56334
$445,000 USD
763-999-1285
1205 MN-28, Glenwood, MN for Sale
$445,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

1205 MN-28
Glenwood, MN 56334


HIGHLIGHTS

  • Drive-Thru
  • 1.16 acres
  • Former A&W

OVERVIEW

Contract for deed possible to qualified buyers. Former A&W Restaurant – Freestanding Building on Over an Acre Near the Lake! Location: Prime commercial opportunity near a beautiful lake! This former A&W restaurant sits on over an acre of land, offering excellent visibility and accessibility for a variety of business ventures. Full set of Architectural plans available for serious inquiries. Property Highlights: Freestanding Building - classification COMM LAND/BLD Over 1 Acre of Land – Plenty of space for parking, expansion, or outdoor dining. Well exposed location – Perfect for a restaurant, café, retail space, or redevelopment. Near Lake Minnewaska & Recreational Areas – Ideal for attracting locals, tourists, and outdoor enthusiasts. Minnewaska is the 14th largest Lake in MN, roughly 23 square miles. Drive-Thru Potential – Existing infrastructure for fast-casual or quick-service. Flexible Zoning – Potential for various commercial uses, from food service to retail. Ideal for entrepreneurs looking to establish a new restaurant, convert to another business type, or redevelop in a booming lake community. Approved A&W - Corporate approved the development of A&W restaurant Additional acreage - RESIDENTIAL VACANT LAND Adjoining 4.24-acre lot available for an additional $150,000 (property taxes $964)

FOR SALE DETAILS

PRICE

$445,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former A&W

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

-

APN/PARCEL ID

21-1178-000

ASK ABOUT THIS PROPERTY

Dan McGuireHSC Business BrokersMore Info
763-999-1285

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Dan McGuireHSC Business BrokersMore Info
763-999-1285

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