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Morty's Bar & Grill 205 1st St SW 3,790 SF Retail Building Glyndon, MN 56547 $760,864 CAD ($200.76 CAD/SF) 14% Cap Rate
INVESTMENT HIGHLIGHTS
- Open floor plan
- Natural character
- Prime location
- Recent renovations
- New roof
EXECUTIVE SUMMARY
Step into opportunity with this beautifully renovated restaurant bar located in the heart of Glyndon, MN. Featuring an open floor plan that seamlessly blends form and function, this space offers incredible flexibility for a variety of dining and entertainment concepts. Positioned in a prime, high-traffic location, this property boasts excellent visibility and easy access, ensuring a steady flow of locals and visitors alike. Whether you’re expanding your brand or launching a new concept, this space is ready to bring your vision to life.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,790 SF
Building Class
C
Year Built/Renovated
1969/2010
Price
$760,864 CAD
Price Per SF
$200.76 CAD
Cap Rate
14%
NOI
$106,521 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.06 AC
Frontage
171’ on Highway 10
AMENITIES
- Restaurant
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 55-900-0240 | Improvements Assessment | $490,436 CAD |
| Land Assessment | $97,721 CAD | Total Assessment | $588,157 CAD |
PROPERTY TAXES
Parcel Number
55-900-0240
Land Assessment
$97,721 CAD
Improvements Assessment
$490,436 CAD
Total Assessment
$588,157 CAD
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Morty's Bar & Grill | 205 1st St SW
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