98 MAIN STREET, Kearney

$949,000

For sale: Other

Other at 98 MAIN STREET, Kearney
Property type
Sale Of Business
MLS®
MLS® X13597688
Neighbourhood
Kearney

*** Rare Opportunity to Own a High-Margin Freehold Convenience Store with Property! in the heart of Kearney. *** Strong business with an ESTIMATED 35% OVERALL GROSS MARGIN ----- HIGH-MARGIN PRODUCT MIX(Tobacco 29%+Grocery about 60%+Beer 11%) and growing Liquor sales. *** Excellent potential income with an attached vacant commercial building(610 sf) with 1-bedroom + 1bath apartment(610 sf). *** Situated on a 11,625 sf. (0.267-acre) lot featuring an approximately 1,900 sf. retail store, large storage area, Fantastic lake view 3-bedroom+1Bath upper apartment(1,166 sf). *** Over $100,000 invested in recent(2024~2026) upgrades, including roof, private well, heat pump, tankless water heater and renovations. ***Ideal owner-operated business for a couple. *** Excellent location across from a popular lake and resort, with loyal local customers and steady cottage traffic. *** Limited competition provides stable year-round income. *** Low property tax of only $2,281 (2025). *** Annual Kearney Regatta Festival brings a significant increase in sales. *** Business & Property Included & Inventory Extra. *** NDA & Proof of Funds May Be Required Prior to Releasing Financial

Sold data

Homes in Kearney — recent sold market

Homes in Kearney took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 90, across 33 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.

The median sale price was $565,000.

Homes sold for about 4.8% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
42
Median sale price
$565,000
Sale-to-list ratio
95.2%
Sold above asking
6%

Based on 33 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 98 MAIN STREET