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Established Dairy Queen Restaurant
For Sale
$1,400,000

538 Broadway Ave N, Rochester, MN 55906

Operating restaurant business with the real estate, positioned at a Broadway Avenue and 6th Street intersection.

Property Size957 SF
Days on Market195

Property Features for 538 Broadway Ave N

General Information

Standard status Active
Size 957 SF
Property subtype Restaurant

Additional Details

Business Included Yes

Building Details

Building Size 957 SF
Year Built 1947
Listing Agency: Realty Growth Inc
Listed By: Bucky Beeman
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 7:17PM

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 Realty Growth Inc

Investment Insights

Based on property information with market context.

This offering combines a Dairy Queen restaurant with the associated operating business. The property was built in 1947, providing an established restaurant setting with an existing business component rather than a vacant commercial building.

The site is located at 538 Broadway Ave N in Rochester, Minnesota, at the corner of Broadway Ave N and 6th ST NW. On-site parking is available, supporting customer access. The sale includes the restaurant property and enterprise.

Key Highlights

  • Dairy Queen restaurant and operating business included
  • Property built in 1947
  • Located at 538 Broadway Ave N, Rochester, MN 55906

Property Analytics

Current Use

Dairy Queen Grocery & Convenience Store

Suggested Use

Top Pick HVAC Service Auto Parts Store Hair Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store Nail Salon

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

7,009
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 81% Hotels & Casinos 15% Home Improvements & Furnishings 2% Shops & Services 2%
McDonald's Dining
21,172 visits/mo 0.4 miles
Taco Bell Dining
12,492 visits/mo 0.0 miles
Great Harvest Bread Co. Dining
5,772 visits/mo 0.2 miles
Residence Inn by Marriott Rochester Mayo Clinic Area Hotels & Casinos
5,682 visits/mo 0.4 miles
Moka Dining
4,910 visits/mo 0.4 miles

Demographics for 55906, MN

19,559
Population
8,798
Households
2.2
Avg Household Size
41
Median Age
53%
College-Educated
95%
High-School Grad
61.5 sq mi
ZIP Area
318
Density / Sq Mi
$104,146
Median Household Income
$54,380
Median Earnings
$1,152
Median Rent
$350,000
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant business with the real estate, positioned at a Broadway Avenue and 6th Street intersection.
Where is this conventional restaurant located?
The property is located at 538 Broadway Ave N Rochester, MN.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Dairy Queen restaurant and operating business included; Property built in 1947; Located at 538 Broadway Ave N, Rochester, MN 55906
More about this property
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