0 Rochester Area Rochester, MN 55902
This exceptional mixed-use property in Rochester, MN (zip code 55902) presents a rare opportunity. Priced at $495,000, it encompasses a thriving restaurant and a one-bedroom apartment, offering dual income streams. The restaurant, a beloved local establishment operating successfully for 30 years, benefits from high foot traffic in a picturesque historic downtown setting. This turnkey operation includes all business assets and equipment, allowing for immediate ownership and operation. The existing menu and customer base provide a solid foundation for continued success, with ample potential for expansion and innovation. The included one-bedroom apartment adds another layer of revenue generation, enhancing the overall return on investment. This is an ideal opportunity for an experienced restaurateur or a savvy investor seeking a profitable, established business with additional rental income. The property's location in the Rochester Area provides excellent visibility and accessibility. This is a truly unique opportunity to acquire a well-established business with significant upside potential in a desirable location. Don't miss out on this chance to own a piece of Rochester's vibrant culinary scene and secure a valuable income-producing asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.