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    145 Broadway St Spring Valley, MN 55975

    • Bars
    • 2,166 SF
    For Sale
    View listing
    $125,000
    Value Estimation
    Location Intelligence
    Property ID
    US46-2742958
    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

    • Bars

    Property Details for 145 Broadway St

    Year built
    1880
    Property size
    2,166 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    36.0295.000
    APU
    360295000

    Description

    This exceptional mixed-use property, located at 145 S Broadway Street in Spring Valley, Minnesota, presents a compelling investment opportunity. The building encompasses a substantial 3,500 square feet and is ideally situated in the heart of downtown. The commercial space is currently configured as a tavern, complete with a walk-in cooler, two bathrooms, and a recently installed forced air furnace. The interior of the bar area features attractive exposed brick walls, adding to its character and potential. Above the commercial space is a residential apartment, offering additional income potential. This apartment comprises three bedrooms and one bathroom. The property is listed at $125,000 and offers a unique blend of commercial and residential uses, making it an attractive prospect for investors seeking a versatile and established downtown location in Spring Valley, MN (zip code 55975). The property's central location within Fillmore County provides easy access to local amenities and services. This is a rare opportunity to acquire a well-maintained mixed-use building with significant upside potential. The existing tavern setup provides a solid foundation for continued operation or potential redevelopment. The residential apartment offers a stable rental income stream, further enhancing the overall return on investment.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $200,000
      6.5%
      $195,000
      7%
      $175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $175,000
      Retail
      $175,000
      Mixed-Use
      $185,000
      Hospitality
      $200,000
      Educational
      $165,000
      Residential Income
      $200,000
      Energy
      $155,000
      Income-Based Land
      $185,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Spring Valley
    County
    Fillmore
    State
    Minnesota
    Longitude
    -92.3906
    Latitude
    43.687
    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
    2020
    $2,366
    $3,800
    $68,900
    $72,700
    -
    $3,800
    $68,900
    $72,700

    Comparable in this City

    • Value Estimation
      $290,000
      2,124 SF

      730 Broadway St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,124 SF
      730 Broadway St, Spring Valley, MN 55975-1027
      View Details
    • Value Estimation
      $495,000
      2,601 SF

      224 Section Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,601 SF
      224 Section Ave, Spring Valley, MN 55975
      View Details
    • Value Estimation
      $170,000
      2,244 SF

      307 Broadway St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,244 SF
      307 Broadway St, Spring Valley, MN 55975-1203
      View Details
    • Value Estimation
      $230,000
      5,016 SF

      1027 Broadway St

      RESTAURANT • 5,016 SF
      1027 Broadway St, Spring Valley, MN 55975
      View Details
    • Value Estimation
      $330,000
      2,156 SF

      130 Broadway St

      RESTAURANT • 2,156 SF
      130 Broadway St, Spring Valley, MN 55975
      View Details
    • Value Estimation by Request
      1,627 SF

      200 Park St

      RESTAURANT • 1,627 SF
      200 Park St, Spring Valley, MN 55975-1642
      View Details

    Similar Nearby for Sale

    • $375,000

      Turn-Key Greenhouse and Retail Opportunity

      Commercial property with greenhouses, retail space, and development potential.
      720 N Broadway St, Spring Valley, MN 55975
      View Details
    • $125,000
      3,500 SF

      Downtown Spring Valley Mixed-Use

      Prime investment: 3,500 sq ft, tavern setup.
      145 Broadway St, Spring Valley, MN 55975
      View Details
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    145 Broadway St
    Spring Valley, MN 55975
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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
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