Property profile

4325 Maine SE Ave Rochester, MN 55904

OFF-MARKET
Commercial land
Property ID
US46-1771907
1.22 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey restaurant and bar opportunity is located in a thriving, high-income area of Rochester, Minnesota, at 4325 Maine Ave SE, zip code 55904. Built in 2008, the property boasts 4,800 square feet of net rentable space, priced at $343.75 per square foot, with an asking price of $1,650,000. The expansive layout includes a full kitchen, perfectly equipped for efficient food preparation and service. An entertainment room comfortably accommodates 35-45 people, providing ample space for private events or larger gatherings. The property also features three bathrooms for guest convenience. A significant advantage is the large patio situated next to a lake, offering a picturesque outdoor dining experience. Ample parking is available, accommodating over 75 vehicles, ensuring ease of access for patrons. The location benefits from exceptionally high daily traffic exceeding 40,000 trips, guaranteeing significant visibility and foot traffic for the business. This presents a rare opportunity to acquire a well-established, profitable establishment in a prime location. The property is ready for immediate operation, making it an ideal investment for experienced restaurateurs or those seeking a lucrative venture in a dynamic market.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.22 ac (53,143 SF)
APN 64.26.14.076826
UPID US46-1771907

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Spa & Massage Center Alternative Medicine Practice
  • Bar & Pub Restaurant

Location

4325 Maine SE Ave Rochester, MN 55904-6737
Rochester metro Census 903 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2021
6 recorded transactions
2021
$33,227
2021
$22,152
2021
$11,076
2014
$731,136
2014
$650,000
2011
$1.0M

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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