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1329 Highway 61
Two Harbors, MN 55616
Asking Price
$525K
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 4,800 SqFt <p><span style="color: rgba(0, 0, 0, 1)">▪ Prime Highway 61 frontage with 8,096 vehicles per day</span></p><p><span style="color: rgba(0, 0, 0, 1)">▪ 4,800 SF commercial building on 1.84 acres</span></p><p><span style="color: rgba(0, 0, 0, 1)">▪ Flexible retail, restaurant, hospitality, or entertainment use</span></p><p><span style="color: rgba(0, 0, 0, 1)">▪ Lake Superior views create a unique customer experience</span></p><p><span style="color: rgba(0, 0, 0, 1)">▪ Highway Business zoning suppo
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NOI
$80,000
Cap Rate
15.24%
DSCR
2.57
Strong
Cash-on-Cash
31.01%
Monthly Payment
$2,596.919
Annual Cash Flow
$48,836.974