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Investment Highlights

  • High Visibility Location on the main throughfare in Two Harbors.

Executive Summary

Turn-Key opportunity in Two Harbors. Currently operating as the well-loved “Vanilla Bean” this is the prime opportunity you have been waiting for!! Purchase or Lease option available. Just in time for the busy Summer / Fall season!
• 23-7661-33020/23-7661-33010
• $9,654.58 2022 Taxes
• Restaurant— 2670 SF + 805 SF of patio/outdoor seating
• 1,404 SF Retail building adjacent (leased).
• Ample Parking

Financial Summary (Actual - 2022)

Annual (CAD) Annual Per SF (CAD)
Taxes $13,311 $4.16
Operating Expenses - -
Total Expenses $13,311 $4.16

Financial Summary (Actual - 2022)

Taxes (CAD)
Annual $13,311
Annual Per SF $4.16
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $13,311
Annual Per SF $4.16

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,200 SF
Building Class
C
Year Built
1903
Price
$1,171,869 CAD
Price Per SF
$366.21 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.26 AC
Frontage
70’ on 7TH AVE

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,670 SF
  • Restaurant
  • -
  • 30 Days

$5,000/Month NNN.

Space Size Space Use Position Available
1st Floor 2,670 SF Restaurant - 30 Days

1st Floor

Size
2,670 SF
Space Use
Restaurant
Position
-
Available
30 Days

1st Floor

Size 2,670 SF
Space Use Restaurant
Position -
Available 30 Days

$5,000/Month NNN.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
23-7642-33015
Land Assessment
$102,573 CAD (2025)
Improvements Assessment
$322,195 CAD (2025)
Total Assessment
$424,768 CAD (2025)
Annual Taxes
$13,311 CAD ($4.16 CAD/SF)
Tax Year
2022
  • Listing ID: 25553321

  • Date on Market: 2022-04-26

  • Last Updated:

  • Address: 812 7th Ave, Two Harbors, MN 55616

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