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27289946
27289969

810 Washington Avenue, Detroit Lakes, MN 56501

CN
MN MN 40429556 ND 10196
The Real Estate Company Detroit Lakes
Listed by The Real Estate Company Detroit Lakes
$290,000
247 days on market
Updated 16 days ago
Opportunity zone

Chinese Dragon Restaurant

Details
APN 490960000
Property Type Business for Sale, Hospitality
Sub Type Business Only
Square Footage 2,000
Net Rentable (SqFt) 2,000
Units 1
Cap Rate 44.14%
NOI $128,000
Broker Co-Op Yes
Class B
Buildings 1
Stories 1
Zoning Commercial / Mixed Use
Investment Type Stabilized

Chinese Dragon Restaurant Business for Sale | 2,000 SqFt Leased Space

Marketing description

Business opportunity in the heart of Detroit Lakes! This long-standing restaurant is now ready for the 2nd owner to take the reins. If you're prepared to be your own boss and run a restaurant of your own, then look no further than the Chinese Dragon. The current and original owners are preparing for retirement and are ready to show you the ropes. The business features a custom menu, seating for over 100, and mall traffic to attract your customers. All essential business assets and inventory will be included with the sale.

Investment highlights

Business opportunity in the heart of Detroit Lakes! This long-standing restaurant is now ready for the 2nd owner to take the reins. If you're prepared to be your own boss and run a restaurant of your own, then look no further than the Chinese Dragon. The current and original owners are preparing for retirement and are ready to show you the ropes. The business features a custom menu, seating for over 100, and mall traffic to attract your customers. All essential business assets and inventory will be included with the sale.

Listing Contacts

CN
MN MN 40429556 ND 10196
The Real Estate Company Detroit Lakes
Listed by The Real Estate Company Detroit Lakes

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$128,000.00
$10,666.67/mo

Valuation Metrics

0
DSCR
44.14%
Cap Rate
44.14%
ROI

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Additional Information

Name
Christopher Nord
License
MN 40429556 ND 10196
Brokerage Phone
2182341357
Brokerage Address
1110 U.S. 59
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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