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Restaurant Building with Hood Vent
For Lease
$48,000

303 Elton Hills Dr Nw, Rochester, MN 55901

The premises include a dining area, three bathrooms, a lower level, and on-site parking.

Space SizeContact for details
Days on Market21

Property Features for 303 Elton Hills Dr Nw

General Information

Standard status Active

Additional Details

Space Use Restaurant
Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $6,292

Amenities

3 bathrooms
lower level
Listing Agency: Re/Max Results
Listed By: Rhata SamKhuth
Source: Exprealty
Added: Sep 25 Changed: Oct 10 Last Checked: Oct 15 at 12:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Results

Investment Insights

Based on property information with market context.

Restaurant space at 303 Elton Hills Dr NW in Rochester, Minnesota, features a dining area and a commercial hood vent. The building also has three bathrooms and a lower level.

The property sits on a corner at Elton Hills and includes parking on site.

Key Highlights

  • Commercial hood vent in place
  • Dining area within the restaurant space
  • Three bathrooms

Property Analytics

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Current Use

Middle East Restaurant Restaurant

Suggested Use

Top Pick Barber Shop Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Nail Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

657
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55901, MN

58,046
Population
24,852
Households
2.3
Avg Household Size
36
Median Age
50%
College-Educated
94%
High-School Grad
33.1 sq mi
ZIP Area
1,754
Density / Sq Mi
$90,430
Median Household Income
$52,778
Median Earnings
$1,321
Median Rent
$290,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Kingdom Buffet — 1639 N Broadway Ave, Rochester, MN 55906

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The premises include a dining area, three bathrooms, a lower level, and on-site parking.
Where is this conventional restaurant located?
The property is located at 303 Elton Hills Dr Nw Rochester, MN.
What is the lease rate?
The lease rate is $48,000.
What are key features of this property?
This property features: Commercial hood vent in place; Dining area within the restaurant space; Three bathrooms
More about this property
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