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Property profile & analytics

518 2nd NW St Byron, MN 55920-1217

  • Bars
  • 1,549 SF
  • 0.18 lot acres
OFF-MARKET
Last Sale
Dec 26, 2024
$325,000
Value Estimations
$325,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US46-1340513
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Schoenies Pizza / Pizza Restaurant

Property Details for 518 2nd NW St

Year built
1984
Lot size
0.18 lot acres
Property size
1,549 SF
Property type
Bars
Property subtype
Pubs
APN
75.32.23.027077
APU
753223027077

Description

This established restaurant in Byron, Minnesota, offers a turnkey opportunity for a new owner. Located at 518 2nd St NW, this 1,549 square foot building sits on a 0.18-acre lot (APN 75.32.23.027077) and boasts a spacious interior with seating for 40, plus additional patio seating. Built in 1984, the single-story building features a fully operational hood system with an Ansul fire suppression system, two restrooms, a hand sink, a three-compartment sink, two pizza ovens, a dryer, a pop station, and a point-of-sale (POS) system. The property also benefits from a recently installed HVAC system. The seller is motivated and will be installing new siding prior to closing. Furthermore, the seller is open to a contract for deed, making this an attractive option for buyers seeking flexible financing. This prime location in Byron, just minutes from Rochester, offers excellent visibility and access to a thriving community. The property is ready for immediate operation, presenting a unique chance to acquire a well-equipped and established restaurant business. This is a rare opportunity to own a successful restaurant with significant upside potential.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $325,000
    ML approach
    $325,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Byron
County
Olmsted
State
Minnesota
Longitude
-92.6555
Latitude
44.0297
CBSA code
40340
CBSA name
ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,920
$13,400
$78,600
$92,000
-
$13,400
$78,600
$92,000
More about this property
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