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PRICE REDUCED! Restaurant w/ Apartments
223 Main Street N, Pierz, MN 56364
For Sale $239,900.00
Detailed Brochure

PRICE REDUCED TO $239,900 FROM $249,900! Affordable investment opportunity in the heart of Downtown Pierz. The Pioneer Restaurant has been serving locals and tourists alike over the years with fantastic food for breakfast and lunch service, along with excellent customer service. The upper level has five apartments, adding additional income for an investor/owner. This prime downtown location has easy access, great visibility and high traffic counts while also being conveniently located within walking distance of many other businesses, parks, schools and more – making it an ideal location for the upstairs renters as well.

  • Purchase Price: $239,900.00
  • Building Size Total (Sq. Ft): 5,720
  • Building Size Main (Sq. Ft): 3,200
  • Building Size Upper (Sq. Ft): 2,520
  • Lot Size (Sq. Ft): 7,424
  • Lot Size (Acres): 0.17
  • Lot Dimensions: 32' x 232'
  • Road Frontage: Approx. 32' on Main Street N
  • Original Price: $249,900.00
  • Price Note: PRICE REDUCED TO $239,900 FROM $249,900! Purchase Price is $239,900 + Inventory
  • Property Tax Year: 2019
  • Annual Property Tax: $2,940.00
  • Type of Business: Breakfast & Lunch Restaurant
  • Property Features / Assets: Main Level Restaurant is 3,200 SF. Upper Level Apartments are 2,520 SF. There are 2 (2-Bdrm) Apts w/ Kitchens & 3 (1-Bdrm) Efficiency Apts.
  • Water: City
  • Sewer: City
  • Heating: Natural Gas Forced Air
  • Cooling: Main Level: Central Air - Electric Roof Top Unit; Apartments: Electric Wall Units
  • Electric – Amps: 2 (200) Amp Panels
  • Electric – Phase: Three
  • Lighting: Fluorescent
  • Year Built: 1958
  • Construction: Wood Frame
  • Foundation: Concrete
  • Roof: Asphalt Shingles & Metal
  • Exterior: Manufactured Half Log Siding, Steel Siding & Concrete Block
  • Ceiling Height: 8' - 9'
  • Floor Drains: 4
  • Bathrooms: 1 (Main Level); 5 (Apartments)
  • Highspeed Internet: Yes
  • Parking Spaces: 20 Gravel & 4 Paved Asphalt
  • Traffic Counts: 2,700 - 4,600 on Main Street NE and 1,550 on 3rd Ave
  • MLS #: 4969740
  • CC File #: 1490
  • Zoning: C-2 Highway Commercial
  • PID#: 42-0204-000
  • Legal Description: S 1/2 Lot 5, Block 1 Bergerhausen's Add
Property Map