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Property profile & analytics
OFF-MARKET
Restaurants

307 2nd St Goodhue, MN 55027

1,882 SF Built 1960
Individually Owned Absentee Owner Free & Clear
Property ID
US46-0902035
Property summary
AI-generated overview

This exceptional 2,044 square foot commercial property, located at 307 N 2nd Street in Goodhue, Minnesota, presents a unique opportunity for business owners. Situated on a 0.29-acre lot, this building boasts a beautifully renovated interior, completed in 2021, featuring tasteful finishes throughout. The space includes a fully updated, functional commercial kitchen, perfect for food-related businesses or those requiring substantial food preparation capabilities. Ample storage space is available, catering to a variety of business needs. A welcoming retail area provides a comfortable and inviting space for customer interaction. The exterior features a covered front porch, enhanced with both a ramp and stairs, ensuring accessibility for all patrons. This property benefits from its prime location, offering easy access to Highway 58 and the heart of downtown Goodhue, providing excellent visibility and convenient access for customers. Currently operating as a successful bakery and retail store, this building is ready for immediate occupancy and offers a thriving business environment within a vibrant community. The asking price is $415,000. This is an exceptional opportunity to acquire a turn-key commercial property in a desirable location.

Property profile
Verified
Property type Restaurants
Use group BAKERY
Year built 1960
Total area 1,882 SF
APN 64.100.0340
UPID US46-0902035
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. Vivian G. Cuevas, DDS Dental Office
  • Goodhue Family Dental Practice Dental Office
  • Dr. Kurt R. Steger, DDS Dental Office
  • The Bake Shoppe Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
ALFRED R BEAR
ALFRED R BEAR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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