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    1611-1645 N Broadway Ave Rochester, MN 55906

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    For Lease
    $12 SF/Yr ($4,640 /Mo)

    Turnkey restaurant space with open dining and sidewalk seating.

    Property size:
    4,640 SF
    Lot size:
    6.66 Acres

    Property Features for 1611-1645 N Broadway Ave

    General Information

    Size
    4,640 SF
    Lot size
    6.66 Acres

    Source: Realty Growth, Inc Agent Matt Gove

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Restaurant Space Available

    This former restaurant space, situated in a busy strip center, presents a turnkey opportunity. The layout includes an open dining area, a reception or counter space, and access to sidewalk seating suitable for seasonal outdoor service. The location benefits from steady foot traffic and excellent visibility. The property size is 4640 square feet.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4641357
    Latitude
    44.0401536

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    FAQs

    What type of property is this?
    Turn key restaurant - Turnkey restaurant space with open dining and sidewalk seating.
    Where is this turn key restaurant located?
    The property is located at 1611-1645 N Broadway Ave Rochester, MN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey restaurant space with strong local recognition.; - Located in a busy strip center with steady foot traffic and excellent visibility.; - Open dining area and reception/counter space.
    (507) 951-1147
    Request Owner's contact information
    1611-1645 N Broadway Ave Rochester, MN 55906
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1611-1645 N Broadway Ave Rochester, MN 55906
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