Technical
Financial
Distress signals
Property profile

145 Broadway St Spring Valley, MN 55975

OFF-MARKET
Bars & Pubs
Property ID
US46-2742958
2,166 SF Built 1880
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1880
Total area 2,166 SF
APN 36.0295.000
UPID US46-2742958

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

145 Broadway St Spring Valley, MN 55975-1227
Spring Valley metro Census 960300 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2017
2 recorded transactions
2024
Price N/A
2017
$144,848

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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