5901 County Road 105Byron, MN 55920

  • Specialty properties
  • 6,904 SF
For Sale
$1,500,000 View listing

Property Details for 5901 County Road 105

Year built
2018
Lot size
5.52 AC
Property size (Sq ft)
6,904 SF
Property type
Specialty properties
APN
75.08.41.084886
APU
750841084886

Description

This exceptional 8,000-square-foot event venue, originally built in 1917 and extensively renovated in 2019, presents a unique blend of historic charm and modern elegance. Situated on a picturesque 5.52-acre lot in Byron, Minnesota, the property boasts a beautifully preserved 1,500-square-foot original barn featuring original brickwork, seamlessly integrated with a stunning new ballroom addition. The exterior showcases high-quality stamped concrete, setting the stage for the sophisticated interior. The venue is fully climate-controlled, ensuring comfort year-round. Amenities include separate men's and women's restrooms, a dedicated bridal suite, and complete ADA accessibility, including a lift for convenient access. Its prime location near the Zumbrota River and Oxbow Park, attracting over 400,000 visitors annually, provides an ideal setting for a thriving event business. This turnkey operation offers significant potential, with the added possibility of acquiring an adjacent 36-acre parcel featuring a two-bedroom, two-bathroom home and a spacious workshop. The asking price is $1,500,000, with a price per square foot of $187.50. The property features one building, two stories, and is listed under APN 750841084886.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,300,826
    Hospitality
    $1,191,550
    Educational
    $991,355
    Medical
    $1,025,450
    Retail
    $1,542,108
5901 County Road 105, Byron, Minnesota

Location Insight

City
Byron
County
Olmsted
State
Minnesota
Latitude
44.0847
Longitude
-92.6398
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
$8,986
$72,100
$232,300
$304,400
-
$72,100
$232,300
$304,400

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