Property profile

202 2nd SW Ave Kasson, MN 55944

OFF-MARKET
Commercial real estate
Property ID
US46-2044855
0.38 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, a fully renovated brewery in Kasson, Minnesota, presents a unique investment opportunity. The 2,954-square-foot building, constructed in 1965 and extensively renovated in 2022, sits on a 0.38-acre lot (APN 24.100.4330) at 202 2nd Ave SW, 55944. The single-story structure offers a variety of indoor and outdoor seating areas, including a patio ideal for warmer months. The sale includes all brewing equipment, providing a turnkey operation for a new owner. The current business model incorporates light food options, supplemented by past collaborations with local food trucks, offering flexibility for future expansion. The seller is offering training to ensure a smooth transition and is open to exploring creative financing options. This prime location is just 20 minutes from Rochester, providing excellent access to a larger market. This is a rare chance to acquire an established, profitable business with significant growth potential in a desirable location. The property's recent renovation ensures modern amenities and efficiency, minimizing immediate capital expenditure needs. This is a truly exceptional opportunity for an experienced entrepreneur or investor seeking a well-established and profitable business.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.38 ac (16,553 SF)
APN 24.100.4330
UPID US46-2044855

Cap rate & NOI

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

Location

202 2nd SW Ave Kasson, MN 55944-2927
Kasson metro Census 950500 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2022
Last sale
$250,000
2 recorded transactions
2022
Price N/A
2022
$250,000

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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