2723 Commerce NW Dr Rochester, MN 55901-3360
Property profile & analytics
2723 Commerce NW Dr Rochester, MN 55901-3360
- Bars & Pubs
- 6,820 SF
- 1.00 lot acres
Property ID
US46-1396882
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.
Location Intelligence
Current Use by Public Records
- CARBONE'S PIZZERIA PARKING / Parking Lot & Garage
- Carbone's Pizzeria / 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 & Pubs
- 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
based on Realmo’s proprietary methodology
-
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 estimation — 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
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
$48,714
$296,100
$1,126,700
$1,422,800
-
$296,100
$1,126,700
$1,422,800
