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    2040 Viking Dr Rochester, MN 55901

    Sponsored
    For Lease
    Contact for pricing

    High-traffic location, 1,391 sq ft available

    Lot size:
    4,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,900 square foot retail and restaurant property, situated at 2040 Viking Dr NW, Rochester, offers a fantastic opportunity for a discerning business owner. The building, a single-story structure with ample parking, boasts a highly visible location at the intersection of Elton Hills Dr NW and Viking Dr NW, ensuring maximum exposure to potential customers. Currently, 1,391 square feet of space is available for lease, featuring a semi-built-out interior, ideal for a quick and efficient setup. The property's strategic location benefits from proximity to a large apartment complex and numerous business suites, guaranteeing a steady stream of potential clientele throughout the day. The zoning is commercial, allowing for a variety of uses. The property's APN is 74.26.13.023752, located in Olmsted County. Pylon signage is also available, providing additional advertising opportunities. This is a turnkey opportunity to establish a thriving business in a high-demand area. The property consists of one building and is zoned for commercial use. Don't miss this chance to secure a prime location in a bustling commercial district.

    Property Features for 2040 Viking Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,900 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,391 SF

    HighLights

    • Retail/Restaurant space totaling 4,900 square feet, with 1,391 square feet currently available.
    • Single‑story building located at 2040 Viking Dr NW, Rochester, MN, with excellent visibility at the intersection of Viking Dr NW and Elton Hills Dr NW.
    • Partially built‑out space ideal for restaurant or retail use.
    • Ample parking available.
    • High traffic location near a large apartment complex and other businesses.
    • Pylon signage opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Success Family Center Mental Health Clinic Win City Wings Takeout Restaurant

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.468659854885
    Latitude
    44.044893369834

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location, 1,391 sq ft available
    Where is this restaurant located?
    The property is located at 2040 Viking Dr Rochester, MN.
    What are key features of this property?
    This property features: Retail/Restaurant space totaling 4,900 square feet, with 1,391 square feet currently available.; Single-story building located at 2040 Viking Dr NW, Rochester, MN, with excellent visibility at the intersection of Viking Dr NW and Elton Hills Dr NW.; Partially built-out space ideal for restaurant or retail use.
    Request Owner's contact information
    2040 Viking Dr Rochester, MN 55901
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    Rochester, MN 55901
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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
    2040 Viking Dr Rochester, MN 55901
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