7420 80th St S
Cottage Grove, MN 55016

Description

Great opportunity to own an existing profitable Chinese restaurant business! The current owner has been operating under Tom Moy Cafe since 1961. At the current location since when it was a new building in 2005. The owner mentioned that he has spent about $350,000 in renovation for the complete build-out of the kitchen and dining room. Great visibility with a lot of shops and businesses near by. The current menu items is priced somewhat low. The new buyer can increase the price for more revenue.

Details

MLS#5221698
Sub-TypeResale
StatusActive
Year2005
Days On Site118

Features

SQ Feet3,000
Story(s)1
Units1
ZoningBusiness/Commercial

Market Activity 55016

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Area Information

StateMN
CountyWashington
CityCottage Grove
Zip Code55016
AreaCottage Grove (MN)
Listing VS Median (in 55016)
Price:
$220,000
low | high
Med:
$359,900
13.590909090909% of Average
SqFt:
3,000
low | high
Med:
2,579
64.033333333333% of Average
$ / SqFt:
$73
low | high
Med:
$140
40.295745355846% of Average
On Site:
118
low | high
Med:
94
100% of Average
Listing Updated: 08/24/2019
MLS Number: 5221698
Listing Provided By:
Yu Jie Chen  of  RE MAX Results
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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