Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

2723 Commerce NW Dr Rochester, MN 55901-3360

  • Bars
  • 6,820 SF
  • 1.00 lot acres
OFF-MARKET
Value Estimations
$570,000
Show details
Cap Rate Potential
Location Intelligence
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.

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

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 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

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message