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209 N 5th Ave E

5,100 SF Retail Building Truman, MN 56088 $354,367 CAD ($69 CAD/SF)

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Investment Highlights

Located off Hwy 15
50+ parking

This facility also has exclusive rights to the Truman Community Center, offering additional income opportunities

Executive Summary

This is your opportunity to own two income generating businesses under one roof. This 5,100 SF, one story property offers a Restaurant and Liquor Store combo. The Liquor store has a separate entrance. This .45 acre property has two parking lots for plenty of parking along with a ramp for wheel chair access. In the summer months, the restaurant has used the parking lot for outdoor concerts. The restaurant offers an outdoor patio seating for summer months. Conveniently located on MN-15 and across the street from Casey’s, Dollar General and NAPA. The name of the restaurant Aardvarks, does not go with the sale.

Sale_Brochure (1)

Financial Summary (Actual - 2022)	Annual (CAD)	Annual Per SF (CAD)
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$7,399	$1.45

Financial Summary (Actual - 2022)

Taxes (CAD)
Annual	-
Annual Per SF	-

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$7,399
Annual Per SF	$1.45

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Freestanding

Building Size

5,100 SF

Year Built

1959

Price

$354,367 CAD

Price Per SF

$69 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.26

Lot Size

0.45 AC

Zoning

Commercial

Parking

10 Spaces (1.96 Spaces per 1,000 SF Leased)

Frontage

144 ft on N 5th Ave E

About 209 N 5th Ave E , Truman, MN 56088

AMAZING business opportunity, includes a turn-key bar and restaurant with off-sale liquor business in a loyal and steady community. Located on Highway 15 in Truman Minnesota, this is a highly visible and well-traveled location with the next closest bar and restaurant more than 10 miles away. This 15 plus year family owned business, offers an updated interior, more than enough seating for larger events, along with a large patio area for enjoying all the seasons. There is a full kitchen, large backroom with an enormous amount of storage, office area and a newer metal roof. The busy off-sale business side has barn wood walls for a great visual, along with all the coolers for beverages and an ice cooler. This facility also has exclusive rights to the Truman Community Center, offering additional income opportunities.