200 Main St, Pine Island, MN 55963-2804
This mixed-use property in Pine Island, Minnesota, presents a unique investment opportunity. Located at 200 S Main St, 55963, this two-story building offers a fully operational restaurant on the ground floor, complete with a kitchen and dining areas ready for immediate use. The business boasts established clientele, providing a strong foundation for continued success. Adding to the income potential is a two-bedroom apartment situated on the second floor, generating additional rental revenue. The property is conveniently located just a 15-minute drive from Rochester, Minnesota, home to the Mayo Clinic, offering access to a large and diverse population base. The asking price for this turnkey operation is $295,000. This represents a compelling opportunity to acquire a profitable business with significant upside potential, combining the benefits of a thriving restaurant with the added income stream of a rental apartment. The property consists of one building with a total of two stories. This is an exceptional chance to own a well-established business in a desirable location. Serious inquiries only.
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Pine Island United Methodist Church
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Hunan Express Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.