515 8th Avenue SE Pine City, MN $ 225,000
515 8th Avenue SE
$ 225,000
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515 8th Avenue SE

Pine City, MN, 55063
$ 225,000
Bedrooms-- Baths2.0 Sq 3,620

Monthly Estimate*

$ 1,554

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Commercial Property for sale in Pine City, MN

for $225,000 with 2 full baths. This 3,620 square foot building was built in 1957.

Established Downtown Business & Investment Opportunity! This 3,620 sq ft restaurant/bar features an inviting covered front entrance and a functional layout offering a kitchen (kitchen equipment not included in the sale), office, storage room, pantry, bar, two half baths and three serving areas. A large privacy-fenced outdoor dining area adds even more appeal for seasonal dining and entertaining. The property is currently occupied by a well-established restaurant/bar tenant, offering a potential opportunity for the new owner to continue the existing lease and benefit from rental income. An easement for additional off-site parking across the street adds convenience for customers and guests. The adjoining commercial office building, featuring two separate rental spaces, is also available for sale, creating an opportunity to expand your commercial investment in downtown Pine City!

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Commercial Active

Price

$ 225,000

Full Bath

2

Property Type

Commercial

Taxes

$ 7,650

Style

Year Built

1957

Town/City

Pine City

County/Region

Pine

MLS | Web ID

7169168

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Age Over 8 Years Flat Rubber
Appliances None
Garage Spaces 0
Pool Features None
Construction Materials Block Frame
Year Built 1957
Tenant Pays All Utilities Common Area Maintenance Electricity Gas Heat Hot Water HVAC Maintenance Janitorial Service Maintenance Sewer Water
Topography Level
Levels One
Tax Year 2026
Current Use Restaurant
Gross Income 33000
Accessibility Doors 36 + Grab Bars In Bathroom Door Lever Handles No Stairs External No Stairs Internal Partially Wheelchair
County Pine
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Commercial Sale
Contingency None
MaintenanceExpense 0
Possible Use Office Rest/Lounge Restaurant Retail Shop Diversified Lounge/Bar
Directions 1-35 to the Pine City Exit (Hillside Ave SW) go east on Hillside Ave SW to Main Street S and turn north (left) to property on corner of Main Street S and Eighth Ave SE (NE Corner).
City Pine City
High School District Pine City
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 7650
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Patio
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Interior
Basement Partial
Basement (Y/N) Y
Total Bedrooms 0
Total Baths 2
Ceiling Height 8-10
Foundation Dimensions 61x72
Fuel Natural Gas
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Exterior
Fencing Partial Privacy Wood
Parking Features Off Site
Lot Features Corner Lot Zero Lot Line
Water Source City Water/Connected
Inclusions Building Land
Building Area Total 3620
Lot Dimensions 66.5x30.5x6.4x25.5x7.9x16.75x66.5x72.75
Waterfront Y/N N
Foundation Area 3620
Road Frontage Type City Street Curbs Paved Streets Sidewalks Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 515
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* Excluded Features
List By
Edina Realty, Inc.

Broker

kevinnorwood@edinarealty.com

Email

Affordability Calculator

$2,192
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,554
Monthly Property Taxes
$638
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708658 Elementary School
708802 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$225,000 Listed Price

Map


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515 8th Avenue SE, Pine City, MN, 55063 is a Commercial Property for sale at $225,000 with 3,620 sqft. 515 8th Avenue SE has 2.0 baths and was built in 1957. The property's zip code is 55063 which is in Pine City, MN