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    518 2nd NW St Byron, MN 55920-1217

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    518 2nd NW St Byron, MN 55920-1217


    • Bars & Pubs
    • 1,549 SF
    • 0.18 lot acres
    Off-Market
    Last Sale Dec 26, 2024
    $325,000
    Property ID
    US46-1340513
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Schoenies Pizza / Restaurant

    Property Details for 518 2nd NW St

    Year built
    1984
    Lot size
    0.18 lot acres
    Property size
    1,549 SF
    Property type
    Bars & Pubs
    Property subtype
    Pubs
    APN
    75.32.23.027077
    APU
    753223027077

    Description

    This established restaurant in Byron, Minnesota, offers a turnkey opportunity for a new owner. Located at 518 2nd St NW, this 1,549 square foot building sits on a 0.18-acre lot (APN 75.32.23.027077) and boasts a spacious interior with seating for 40, plus additional patio seating. Built in 1984, the single-story building features a fully operational hood system with an Ansul fire suppression system, two restrooms, a hand sink, a three-compartment sink, two pizza ovens, a dryer, a pop station, and a point-of-sale (POS) system. The property also benefits from a recently installed HVAC system. The seller is motivated and will be installing new siding prior to closing. Furthermore, the seller is open to a contract for deed, making this an attractive option for buyers seeking flexible financing. This prime location in Byron, just minutes from Rochester, offers excellent visibility and access to a thriving community. The property is ready for immediate operation, presenting a unique chance to acquire a well-equipped and established restaurant business. This is a rare opportunity to own a successful restaurant with significant upside potential.


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    Location Insight

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    • Local Demand
    City
    Byron
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.6555
    Latitude
    44.0297
    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
    $6,920
    $13,400
    $78,600
    $92,000
    -
    $13,400
    $78,600
    $92,000
    More about this property
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