Property profile & analytics
200 Main St Pine Island, MN 55963-2804
- Turn key restaurants
- 2,921 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-3212693
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
- Pine Island United Methodist / Church
- Hunan Express / Restaurant
Property Details for 200 Main St
- Year built
- 1950
- Property size
- 2,921 SF
- Property type
- Turn key restaurants
- APN
- 68.260.0310
- APU
- 682600310
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pine Island
- County
- Goodhue
- State
- Minnesota
- Longitude
- -92.6467
- Latitude
- 44.2013
- CBSA code
- 39860
- CBSA name
- RED WING, MN MICROPOLITAN 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
2023
$4,052
$23,500
$133,700
$157,200
-
$23,500
$133,700
$157,200
