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    200 S Main St Pine Island, MN 55963

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    For Sale
    $295,000

    Restaurant with loyal customers and additional apartment income.

    Property size:
    2,921 SF
    Lot size:
    0.04 Acres

    Property Features for 200 S Main St

    General Information

    Size
    2,921 SF
    Lot size
    0.04 Acres

    Source: Hamilton Real Estate Agent Ari Kolas

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

    Overview

    Established Restaurant with Apartment Income

    This property offers an established restaurant business with existing clientele. The restaurant includes a fully operational kitchen and dining spaces, ready for immediate use. Additional income is generated from a two-bedroom apartment located upstairs. The property is situated approximately 15 minutes by car from Rochester, MN, home of the Mayo Clinic. The property size is 2921 square feet and the property can be used as restaurants, retail properties, duplexes, multifamily properties, and residential income properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pine Island United ... Methodist Church Hunan Express Chinese Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Pine Island
    County
    Goodhue
    State
    Minnesota
    Longitude
    -92.6466806
    Latitude
    44.2013524

    Nearby Similar for Sale

    • $275,000
      0.20 Acres

      Commercial Building in Prime Location

      Commercial building with tenants in place in the heart of Pine Island.
      101 S Main St, Pine Island, MN 55963
      View Details
    • New
      $740,000
      1.02 Acres

      Pine Island Commercial Building For Sale

      Built in 2021, great visibility, ready for business needs.
      1095 Bioscience Dr SE, Pine Island, MN 55963
      View Details
    • $490,000
      9,847 SF

      Mixed-Use Property in Pine Island

      Versatile mixed-use property with office, restaurant, and warehouse spaces.
      301 North Main St, Pine Island, MN 55963
      View Details
    • $121,000
      1,028 SF

      Pine Island Two-Bedroom Home

      Two-bedroom home in Pine Island, income restrictions apply.
      430 7Th St SW, Pine Island, MN 55963
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant with loyal customers and additional apartment income.
    Where is this restaurant located?
    The property is located at 200 S Main St Pine Island, MN.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Established restaurant business with loyal customers.; - Fully operational kitchen and dining spaces ready for immediate use.; - Additional income from two-bedroom apartment.
    (507) 271-5553
    Request Owner's contact information
    200 S Main St Pine Island, MN 55963
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    Pine Island, MN 55963
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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
    200 S Main St Pine Island, MN 55963
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