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709 Main Street Northwest
Elk River, MN 55330
Asking Price
$925K
Asset Type
Restaurant Retail
Class
Class B
What's Special
Fully Built-Out Restaurant & Bar | Proven Location | Downtown Elk River <p>Turnkey 2,760 SF Restaurant & Cocktail Bar</p><p>Downtown Elk River Main Street Location</p><p>Real Estate Included</p><p>Approx. $1.36M Trailing 12-Month Sales</p><p>Fully Equipped Commercial Kitchen</p><p>Full Bar & Draft Beer Infrastructure</p><p>Walk-In Cooler & Extensive FF&E Package</p><p>Established Hospitality Destination</p><p>Additional Basement Storage/Support Space</p><p>Strong Visibility with Nearby Public Parking</p><p>Multiple Acquisition Structures Considered</p><p>Opportunity
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NOI
$80,000
Cap Rate
8.65%
DSCR
1.46
Strong
Cash-on-Cash
9.04%
Monthly Payment
$4,576.395
Annual Cash Flow
$25,083.256
