223 Kraft DrMelrose, MN 56352

For Sale
$825,000

Profitable Restaurant & Retail Space

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 6,000 square foot, fee-simple property in Melrose, Minnesota, presents a lucrative owner-user opportunity. Built in 2012, the single-story building boasts a thriving restaurant/coffee shop (4,750 sq ft) and a retail store (1,250 sq ft) currently operating at 100% occupancy until July 15, 2024. The restaurant features a large kitchen equipped with two walk-in coolers and a walk-in freezer, ideal for catering. The tasteful interior combines barn wood, knotty pine, Edison lighting, and a stone fireplace. The retail space showcases locally crafted gifts. Situated on a 1.2-acre lot (APN 66.37015.0500) with ample parking, the property benefits from a prime location two blocks from Interstate 94, adjacent to a newly constructed Kwik Trip. Additional features include a digital readerboard and two external walk-ins. The asking price is $825,000 ($137.50/sq ft), and financial details are available upon request with a signed NDA. Zoned 3A-Commercial/Industrial/Public Utility. Daytime operation only.

Highlights

  • Exceptional profitability. Financial details available upon request and execution of a Non-Disclosure Agreement.
  • Prime location in a high-growth market.
  • Strong tenant occupancy with long-term leases.
  • Modern, well-maintained building with recent upgrades.
  • Significant upside potential for future income growth.

Property Details for 223 Kraft Dr

Property type
Other retail properties, Individual retail properties
Square Feet
6,000 SF
Year Built
2012
Buildings
1
Stories
1
Lot Size (sq. ft)
52,272 SF

Location Insight

City
Melrose
County
Stearns
State
Minnesota
Latitude
45.6703546
Longitude
-94.8098155
223 Kraft Dr, Melrose, Minnesota

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223 Kraft Dr
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