Exceptional Commercial Opportunity | 10,205 SF | Prime Highway 2 Visibility Positioned on a highly visible and well traveled corridor along Highway 2, this beautifully designed 10,205 square foot property presents a rare opportunity to acquire a turnkey restaurant and event venue with exceptional flexibility for future use. Currently configured as an elegant dining establishment, the space features a thoughtfully designed restaurant layout complemented by a warm, inviting bar area and a charming event space. Ideal for private gatherings, celebrations, or expanded hospitality concepts. The ambiance strikes a balance between sophistication and comfort. For those with a broader vision, the property offers significant potential for adaptive reuse. With its strong infrastructure, generous square footage, and functional layout, it could be reimagined as medical or professional office space, a specialty retail destination, or a customized business headquarters tailored to your needs. Investors and owner-users alike will appreciate the ability to strategically demize the building, occupy a portion for your own operations while generating supplemental income by leasing the remaining space. It’s a smart approach that blends operational control with long term cash flow. Situated on a beautifully maintained lot, the property offers ample, well lit parking and excellent access, ensuring convenience for customers, staff, and tenants alike. Its prominent visibility along Highway 2 provides strong exposure and consistent traffic, an invaluable advantage for any business. Opportunities with this level of versatility, presence, and potential are increasingly rare in today’s market. Bring your vision, and transform this property into your next successful venture. Building was gutted and renovated in 2003 with additions. Pavilion was built in 2007. Has six natural gas heating and cooling roof-mounted units. In-floor heat gas boiler system. New septic system in 2023.
| MLS # | 7039376 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 159 |
| Listing Provided By | SJ Commercial Advisors | Sheila Johnson |
| SQ Feet | 10,205 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | Business/Commercial |
| Acreage | 1.64 |
| Cooling | Central Air |
|---|---|
| Heating | Boiler, Forced Air, Fireplace(s), In-Floor Heating |
| Construction Materials | Block, Brick |
|---|
| Parking Features | Parking Lot, Paved Lot |
|---|
| Utilities | Electric Common, Heating Common, Hot Water Common |
|---|
| Property | 5128 |
|---|
| State | MN |
|---|---|
| County | Clearwater |
| City | Bagley |
| Zip Code | 56621 |
| School District | 162 |
| High School | Bagley |
| Listing VS Median (in 56621) | |
Price: $690,000 low | high Med: $299,000 sqft: 10,205 low | high Med: 7,049 $ / sqft: $68 low | high Med: $42 On site: 159 low | high Med: 75 | |
| State | MN |
|---|---|
| County | Clearwater |
| City | Bagley |
| Zip Code | 56621 |
| School District | 162 |
| High School | Bagley |
| Listing VS Median (in 56621) | |
Price: $690,000 low | high Med: $299,000 sqft: 10,205 low | high Med: 7,049 $ / sqft: $68 low | high Med: $42 On site: 159 low | high Med: 75 | |