2723 Commerce NW Dr Rochester, MN 55901-3360
- Bars
- 6,820 SF
- 1.00 lot acres
Current Use by Public Records
- CARBONE'S PIZZERIA PARKING / Parking Lot
- Carbone's Pizzeria / Pizza Restaurant
Property Details for 2723 Commerce NW Dr
- Year built
- 2006
- Lot size
- 1.00 lot acres
- Property size
- 6,820 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 74.20.44.073546
- APU
- 742044073546
Description
This exceptional 6,820 square foot restaurant property, located at 2723 Commerce Dr NW in Rochester, Minnesota, presents a unique investment opportunity. Built in 2006, the property sits on a sizable 43,502 square foot lot, offering ample space and visibility. The asking price is $2,490,000. The building is exceptionally well-maintained and features a fully built-out pizza kitchen, complete with all necessary equipment and furniture, included in the sale price. This turnkey operation is ideal for an owner-user looking to establish or rebrand their restaurant concept. The property benefits from its location in a high-traffic retail area, ensuring significant foot and vehicle traffic. The property's excellent condition and prime location make it an attractive proposition for a discerning buyer seeking a ready-to-operate restaurant business in a thriving Minnesota market. The property is zoned for retail use and offers significant potential for continued success. All kitchen equipment and furniture are included in the sale, minimizing start-up costs and allowing for a seamless transition. This is a rare opportunity to acquire a well-established and profitable restaurant property in a desirable location. Detailed financial information is available upon request. The zip code is 55901.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $460,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $682,000
Market price range: $330k - $931k
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.5218
- Latitude
- 44.0527
- CBSA code
- 40340
- CBSA name
- ROCHESTER, MN METROPOLITAN STATISTICAL AREA