Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Church
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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