190 High Point PlByron, MN 55920

  • Commercial land
  • 0.60 AC

Property Details for 190 High Point Pl

Year built
2022
Lot size
0.60 AC
Property type
Commercial land
APN
75.33.23.069465
APU
753323069465

Description

This exceptional turnkey opportunity presents a thriving double drive-thru coffee and smoothie shop in Byron, Minnesota, a rapidly growing community conveniently located 5-10 minutes from Rochester. Built in 2022, this 480-square-foot establishment sits on a 0.6-acre lot (APN 753323069465) and is zoned Commercial 3a. The sale includes the real estate, business, and all equipment, offering a seamless transition for the new owner. Currently featuring a limited food menu, there's significant potential for revenue expansion. Its strategic location near McDonald's and Kwik Trip ensures high visibility and foot traffic. A small patio further enhances customer appeal, accommodating outdoor seating for pedestrians and cyclists. This one-story building offers a single unit and represents a rare chance to acquire an almost-new, fully operational business with immediate income potential. The property's double drive-thru design optimizes efficiency and customer flow, contributing to its strong performance.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,916,158
    Hospitality
    $4,503,174
    Educational
    $3,746,588
    Medical
    $3,875,439
    Retail
    $5,828,026

Location Insight

City
Byron
County
Olmsted
State
Minnesota
Latitude
44.03
Longitude
-92.6336
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
$1,944
$78,200
-
$78,200
-
$78,200
-
$78,200

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