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Investment opportunity! Established property currently operating as a Timber Lodge Steakhouse in a high-visibility and high-traffic area! Located on I-35 retail and hospitality frontage road just outside of Owatonna and Medford, this building shares a common entrance with other established retail and hospitality businesses like the Holiday Inn Hotel & Suites Waterpark, Cabella's, Caribou Coffee, Comfort Inn Medical Center, Russel Stover Chocolates, Famous Dave's (among others). This retail park is just 5 miles south of the Medford Outlet Centers - a premier shopping center in southern Minnesota.
Business has been operating at a loss due to management issues. Prior year sales close to $1.8M. Asset sale only of building and equipment. Building may also be available for lease.
8122 SF This retail park is located on I-35 metro connection, just 60 miles south of the Twin Cities. 32,500 VPD (I-35); 3,950 VPD (Frontage Rd)
Real Property Included
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