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NORTHERN MINNESOTA DESTINATION & EVENT OPPORT 16730 US 2 10,205 SF Retail Building Bagley, MN 56621 $690,000 ($67.61/SF)



Investment Highlights
- 10,205 SF Commercial Destination
- Restaurant & Commercial Kitchen Infrastructure
- Opportunity Zone Location
- Prime US-2 Highway Visibility
- Event, Wedding & Hospitality Potential
- Regional Draw Beyond Immediate Market
Executive Summary
A beautifully appointed 10,205 SF commercial facility positioned directly on US Highway 2, offering an exceptional opportunity for an event venue, hospitality concept, restaurant, retreat center, private school, nonprofit, or regional destination business.
The property combines a substantial existing infrastructure package—including commercial kitchen capabilities, event space, dining/bar areas, parking and excellent highway visibility—with the flexibility to create a completely new concept.
The property combines a substantial existing infrastructure package—including commercial kitchen capabilities, event space, dining/bar areas, parking and excellent highway visibility—with the flexibility to create a completely new concept.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,205 SF
Building Class
C
Year Built
1975
Price
$690,000
Price Per SF
$67.61
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.17 AC
Opportunity Zone
Yes
Zoning
Business/Commercial - Business/Commercial zoning allows for a variety of commercial, retail, service, and mixed-use applications.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $452,000 | |
| Land Assessment | $67,000 | Total Assessment | $519,000 |
Property Taxes
Parcel Numbers
Land Assessment
$67,000
Improvements Assessment
$452,000
Total Assessment
$519,000
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Contact the Sale Advisor
NORTHERN MINNESOTA DESTINATION & EVENT OPPORT | 16730 US 2
