Retail Space
10790 County Highway 5 Pelican Rapids, MN 56572
Details & Description
Price: $1,100,000
    The Cormorant Pub has been a local favorite in the Lakes Area for years. Family owned for the last 30 years, the Cormorant Pub specializes in great food and has an amazing bar. This is a great opportunity to purchase this established bar/restaurant!
    Listing Agents
    Jim Buus

    O: 701-306-7093
    M: 701-936-8165
    jim.buus@jbccommercial.com
    Brent Kuehne

    O: 701-219-1059
    brent.kuehne@jbccommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    10790 County Highway 5

    Pelican Rapids, MN 56572

    Listing ID: 264786
    • 10790 County Highway 5 Pelican Rapids, MN 56572 | for Sale | Photo 1
    • 10790 County Highway 5 Pelican Rapids, MN 56572 | for Sale | Photo 2
    • 10790 County Highway 5 Pelican Rapids, MN 56572 | for Sale | Photo 3
    10790 County Highway 5 | for Sale | Thumbnail 1
    10790 County Highway 5 | for Sale | Thumbnail 2
    10790 County Highway 5 | for Sale | Thumbnail 3
    Building Size: 5,537 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $198.66
    Land $/SF: $25.25
    Price
    $1,100,000
    Description

    The Cormorant Pub has been a local favorite in the Lakes Area for years. Family owned for the last 30 years, the Cormorant Pub specializes in great food and has an amazing bar. This is a great opportunity to purchase this established bar/restaurant!

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Fargo History of Retail Space for Sale

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    Pelican Rapids Area Market Trends

    Listing Demographics for 10790 County Highway 5 Pelican Rapids, MN 56572

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2181,2502,851
    Population Median Age545453
    Population by Age0-9 Yrs10 (4%)72 (5%)188 (6%)
    10-19 Yrs16 (7%)92 (7%)215 (7%)
    20-29 Yrs8 (3%)47 (3%)115 (4%)
    30-39 Yrs13 (5%)78 (6%)187 (6%)
    40-49 Yrs14 (6%)93 (7%)232 (8%)
    50-59 Yrs38 (17%)207 (16%)458 (16%)
    60-69 Yrs77 (35%)399 (31%)843 (29%)
    70+ Yrs42 (19%)261 (20%)613 (21%)
    Median HH Income$72,921$76,111$78,378
    Total Household Income< 24K11 (10%)60 (10%)131 (9%)
    25-49K21 (19%)113 (19%)250 (18%)
    50-74K23 (21%)119 (20%)252 (19%)
    75-99K14 (13%)89 (15%)212 (16%)
    100-199K33 (30%)176 (29%)382 (28%)
    200K+4 (3%)35 (5%)97 (7%)
    Highest Education LevelNo Diploma73986
    Diploma or GED44254584
    Some College43242546
    Assoc. Degree24132291
    Bachelors Degree48257556
    Higher Degree24146340
    Total Housing Units2681,5693,563
    --Owner-Occupied1055781,285
    --Renter-Occupied21439
    Owner-Occupied Values< 100K953122
    100-199K1174184
    200-299K1789196
    300-399K21105216
    400-499K1058137
    500K+37199430
    Total Working Age Population1961,1092,507
    In Work Force1156241,382
    Not In Work Force814841,125
    Workforce Employed1055791,300
    Workforce Unemployed114581
    Civlian Workforce1156241,381
    Military Workforce001
    Total Households1075931,325
    Family Households80444987
    Non-Family Households26149338
    Married Couple76414908
    Other Family43078
    Married w/Child1266152
    Single Male w/Child31530
    Single Female w/Child029

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Minnesota4,919,479+85,303,925+75,687,161+55,974,304
    Becker County30,000+832,504+634,447+335,544
    Otter Tail County57,159057,303+158,127058,197

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 10790 County Highway 5 in Pelican Rapids?
    The asking price for 10790 County Highway 5 is $1,100,000
    What is the building size of this Retail property in Pelican Rapids, MN?
    The size of the building/unit at 10790 County Highway 5 in Pelican Rapids is 5,537 square feet
    How much land does the Pelican Rapids, MN property at 10790 County Highway 5 include?
    10790 County Highway 5 in Pelican Rapids includes 1.000 acres of land
    What kind of Retail is the propery at 10790 County Highway 5?
    The property at 10790 County Highway 5 Pelican Rapids, MN 56572 is listed as a Food Service Retail property
    What is the population within 1 mile of 10790 County Highway 5 in Pelican Rapids?
    The population within 1 mile of 10790 County Highway 5 Pelican Rapids, MN 56572 is 218 people.
    Who do I contact for questions about 10790 County Highway 5?
    You should contact the listing agent, Jim Buus, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Range Regional Airport (HIB) 158
    Duluth International Airport (DLH) 183
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 187