525 Paquin St
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525 Paquin St
1,052 SF Retail Building Waterville, MN 56096 $732,000 ($696/SF)
Investment Highlights
- High Visibility
- Turnkey Business
- Heavy Traffic
Executive Summary
Discover a golden opportunity in Waterville, Minnesota! This newly listed commercial property offers a thriving year-round restaurant that's been a local favorite for years. Recently renovated from top to bottom in spring/summer 2023, this turnkey business is ready for its next owner to step in and continue its success. The restaurant boasts a diverse menu featuring a wide variety of ice cream flavors, mouth-watering broasted chicken, juicy burgers, delicious baskets, and a full breakfast menu. Located conveniently off Highway 13 and near the beautiful Sakatah Lake, this restaurant benefits from both local traffic and visitors exploring the area. The prime location ensures a steady stream of customers year-round.
This turnkey business opportunity includes all appliances, commercial kitchen equipment, indoor and outdoor seating, and any remaining inventory at closing. The sale even includes the business name "What's The Scoop, LLC," giving you a head start in brand recognition. This comprehensive package allows for a seamless transition and immediate operation. The complete renovation has transformed the space, creating a fresh and inviting atmosphere for diners. The quality of the build is evident throughout, from the kitchen to the dining area. Whether you're an experienced restaurateur or an entrepreneur looking for an exciting venture, this property presents an excellent business opportunity. With its established customer base and recent upgrades, you'll be well-positioned for success. Don't miss out on this chance to own a beloved local eatery in a charming Minnesota town. Schedule a viewing today and see for yourself the potential this property holds!
This turnkey business opportunity includes all appliances, commercial kitchen equipment, indoor and outdoor seating, and any remaining inventory at closing. The sale even includes the business name "What's The Scoop, LLC," giving you a head start in brand recognition. This comprehensive package allows for a seamless transition and immediate operation. The complete renovation has transformed the space, creating a fresh and inviting atmosphere for diners. The quality of the build is evident throughout, from the kitchen to the dining area. Whether you're an experienced restaurateur or an entrepreneur looking for an exciting venture, this property presents an excellent business opportunity. With its established customer base and recent upgrades, you'll be well-positioned for success. Don't miss out on this chance to own a beloved local eatery in a charming Minnesota town. Schedule a viewing today and see for yourself the potential this property holds!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,052 SF
Building Class
C
Year Built/Renovated
1970/2023
Price
$732,000
Price Per SF
$696
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.23 AC
Zoning
Commercial
Parking
10 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
PROPERTY TAXES
| Parcel Number | 24.620.0040 | Improvements Assessment | $71,000 |
| Land Assessment | $35,000 | Total Assessment | $106,000 |
PROPERTY TAXES
Parcel Number
24.620.0040
Land Assessment
$35,000
Improvements Assessment
$71,000
Total Assessment
$106,000
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525 Paquin St
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