43974 390th St - Bar FOR SALE


Perham, MN 56573
$675,000 USD
763-999-1285
43974 390th St, Perham, MN for Sale
$675,000 USD
Bar - FOR SALE
1/12
null | Request Cap Rate

43974 390th St
Perham, MN 56573


HIGHLIGHTS

  • Event Center
  • Restaurant Bar
  • Unlock Growth with Event Center and 62-Site Campground Opportunity

OVERVIEW

15.09 acres, 4,800 SF full-service bar and restaurant with seating for approx. 160 guests, built-out kitchen, and a spacious bar area. The property also features an approximately 8,000 SF event and entertainment venue, the largest in Otter Tail County, complete with banquet space and a covered outdoor stage for live music and events. The site allows for further development, like a 62-site campground, 50–64 storage units, and planned amenities including a pool, camp hub, and walking paths, providing significant flexibility and long-term growth potential. Upside through expanded outdoor entertainment and event programming, large site, and limited regional competition for live music and gatherings. Additional growth potential exists through the development of the approved 62-site campground, which would drive incremental food, beverage, and entertainment revenue while capturing seasonal and destination traffic. Together, enhanced event utilization and campground development position the property for long-term revenue diversification and increased profitability.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

15.09 AC

LAND SF

657,320 SF

ZONING

-

APN/PARCEL ID

53000100056001

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 Notice.