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1102 1st St NE
New Prague, MN 56071 Scott Far Western Suburbs

$850,000 USD

Restaurant For Sale  •  4,159 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,159 SF
  • Lot Size 0.97 AC
  • Building Class B
  • Year Built 1996
  • Tenancy Single
0 Transit Score
65 Walk Score

Highlights

Turnkey Restaurant Opportunity – Renovated in 2011, this property provides a lucrative opportunity for both existing restaurants looking to expand
“Main and Main” – 10th Ave SE and Maine St E is the strong retail intersection in New Prague, MN that features Walgreens, Hy-Vee, Holiday, O’Reilly,
Quaint Affluent Suburb – New Prague is only ±15 miles from the Twin Cities. There are ±13,000+ residents within 5 miles
Value-Add Component – Priced below expected replacement cost, the deal offers investors the opportunity to acquire at a low basis.

Major Tenants

Tenant SF Occupied Lease End Date
Pizza Ranch

Amenities

  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 55 min - 39.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Joe Polak 612-605-8183 Matthews Real Estate Investment Services
Joe Polak 612-605-8183 Matthews Real Estate Investment Services