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Morty's Bar & Grill 205 1st St SW 3,790 SF Retail Building Glyndon, MN 56547 $739,457 CAD ($195.11 CAD/SF) 14.67% Cap Rate
Investment Highlights
- Open floor plan
- Natural character
- Prime location
- Recent renovations
- New roof
Executive Summary
Own a turnkey, established bar & grill; building, business, and liquor license included in a high visibility spot on the Highway 10 corridor, the natural midpoint between the Fargo-Moorhead metro and Minnesota's lakes country.
This is not a shell or a start-from-scratch project. It is a fully operating hospitality business that has
served the community since 1998, conveying complete with the real estate, all furniture, fixtures and
equipment, inventory, and — most importantly — a transferable Minnesota liquor license, one of the
hardest and most valuable assets to secure in this business.
The commercial kitchen is fully built out: walk-in cooler and freezer, pre-piped fire suppression, grill,
fryer, flat-top, prep stations, three refrigerators, ice machine, and full small wares — a six-figure buildout already in place. A new roof (under eight years) and a complete 2024 interior and exterior
renovation mean the capital-heavy work is done.
Guests are welcomed by a comfortable dining room and covered patio, with roughly 100 paved parking spaces on a full one-acre parcel.
Ideal for a regional operator adding a location, a first-time owner-operator ready to own their own
place, or an investor seeking an income-producing asset with real estate. Detailed financials available
upon a simple confidentiality agreement. Serious, qualified inquiries welcomed — confidentiality
respected throughout.
This is not a shell or a start-from-scratch project. It is a fully operating hospitality business that has
served the community since 1998, conveying complete with the real estate, all furniture, fixtures and
equipment, inventory, and — most importantly — a transferable Minnesota liquor license, one of the
hardest and most valuable assets to secure in this business.
The commercial kitchen is fully built out: walk-in cooler and freezer, pre-piped fire suppression, grill,
fryer, flat-top, prep stations, three refrigerators, ice machine, and full small wares — a six-figure buildout already in place. A new roof (under eight years) and a complete 2024 interior and exterior
renovation mean the capital-heavy work is done.
Guests are welcomed by a comfortable dining room and covered patio, with roughly 100 paved parking spaces on a full one-acre parcel.
Ideal for a regional operator adding a location, a first-time owner-operator ready to own their own
place, or an investor seeking an income-producing asset with real estate. Detailed financials available
upon a simple confidentiality agreement. Serious, qualified inquiries welcomed — confidentiality
respected throughout.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,790 SF
Building Class
C
Year Built/Renovated
1969/2021
Price
$739,457 CAD
Price Per SF
$195.11 CAD
Cap Rate
14.67%
NOI
$108,454 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.06 AC
Zoning
C1 - Commercial - C-1 General Commercial District
Frontage
171’ on Highway 10
Amenities
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $493,957 CAD | |
| Land Assessment | $134,652 CAD | Total Assessment | $628,609 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$134,652 CAD
Improvements Assessment
$493,957 CAD
Total Assessment
$628,609 CAD
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Morty's Bar & Grill | 205 1st St SW
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