Family Restaurant 1601 University Ave

1601 University Ave , Crookston, Minnesota, 56716 | 6,052 sq.f | $ 350,000

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About This Restaurant

Investment Highlights

Freestanding Ample Parking Fully Equipped Restaurant

Executive Summary

Fully Equipped Restaurant 6,052 sq. ft. FreestandingWell maintained freestanding full-service restaurant. Recently closed but established family restaurant since 1994. Additions made in 1979, 1994, and 2012. Close to local businesses and residences. Located on frontage road with great visibility, traffic, and access from University Ave. Revenue stream possibilities from dine-in to catering. 2008 and 2012 roof repairs. Spacious Banquet space, plenty of dine-in seating options, cold/hot buffet, and counter service. Good sized kitchen line. Dish area. 2 combo walk-in cooler/freezer. Great opportunity to continue as family restaurant or bringing in a fresh new concept. Very comfy and inviting feel. Fully equipped kitchen and front of house. Potential for outdoor events, patio, and pickup/drive-thru.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    6,052
  • Year Built/Renovated    1972/1994
  • Price    350,000
  • Price Per SF    58
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.12
  • Land Acres    1.14 AC

Amenities

  • Freeway Visibility
  • Restaurant
  • Signage
  • Storage Space
  • Monument Signage
  • Air Conditioning
Date Created: 2024-07-16 04:16:20 Last Updated: 2024-07-16 04:16:20
Address: 1601 University Ave , Crookston, Minnesota, 56716