538 Broadway AVE N, Rochester, MN 55906 - MLS#6500767

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Brandon Anderson

brandon@brandonanderson.com +1(612) 490-0638

$1,400,000

Est. payment - /mo

0.39 Acres Lot

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UPDATED:

06/27/2024 02:02 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision New Sub

MLS Listing ID 6500767

Year Built 1947

Annual Tax Amount $7,732

Tax Year 2023

Contingent None

Lot Size 0.390 Acres

Acres 0.39

Lot Dimensions 137 x 125

Property Description

Welcome to a unique opportunity to own a piece of Minnesota's history - the North Broadway Dairy Queen. This property is not just a building and land, but a thriving business that has been a cornerstone of the community for generations.

The Lowertown neighborhood has seen continued growth with new apartments, business's, and residents moving into the area. The sale includes two parcels of land that is currently zoned MXT-NOD.

Thriving Enterprise: The acquisition includes a successful enterprise with a loyal customer base. You?re not just buying a property; you?re inheriting a rich legacy.

Ample Parking: Unlike many establishments in the area, North Broadway Dairy Queen offers ample parking space, adding convenience for customers and enhancing the overall appeal of the property.

The Dairy Queen could be relocated as part of this purchase is the franchise rights to move the operating business within a defined area of Rochester.

Location

State MN

County Olmsted

Zoning Business/Commercial

Rooms

Basement None

Kitchen Freezer, Ice Machine

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building, Business, Fixture/Equipment, Inventory, Land

Fireplace No

Exterior

Garage Parking Lot

Garage Spaces 1.0

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Flat

Present Use Food Service

Parking Type Parking Lot

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot

Story One

Foundation 606

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Other

Schools

School District Rochester

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Listed by Robert Beeman • Realty Growth Inc.

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Brandon Anderson

+1(612) 490-0638

Agent | License ID: 40180683

Agent License ID: 40180683