23115 OLD BRIDGE RD MENAHGA MN 56464-2618

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23115 OLD BRIDGE RD MENAHGA MN 56464-2618

MENAHGA, MN 56464-2618
Asking Price
$1.25M
Asset Type
Restaurant Retail
Class
Class B

What's Special

Iconic Northern Minnesota Destination Bar, Grill, Campground & River Tubing Business on 4.76 Acres <p>This is a rare opportunity to acquire a true destination hospitality and recreation property in the heart of Northern Minnesota. The Outpost is a well-known bar, grill, RV Park, and tubing operation situated on 4.76 scenic acres in Huntersville Township near Menahga, drawing loyal customers and seasonal visitors from the Twin Cities, St. Cloud, Fargo, and surrounding lake communities. The property features a 5,800 SF commercial building with approximately 120 seats, a large fully equipped kit

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

Location & Travel Times