North Broadway Dairy Queen | 538 N Broadway
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North Broadway Dairy Queen 538 N Broadway
606 SF Retail Building Rochester, MN 55906 $1,400,000 ($2,310/SF)
Investment Highlights
- Minnesota's Original Dairy Queen
- AADT traffic count - 20,400 cars daily
- Development Opportunity
- Ample Parking
- Operating Business Opportunity
- Walking distance to Downtown Mayo Clinic Campus
Executive Summary
Welcome to a unique opportunity to own a piece of Rochester’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, businesses, and residents moving into the area. The sale includes two parcels of land that are currently zoned MXT-NOD.
Property Highlights:
Established Business: North Broadway Dairy Queen was established in 1947, making it Rochester’s and Minnesota's oldest Dairy Queen. It’s more than a business; it’s a cherished part of Rochester’s history.
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.
This is a rare and exclusive opportunity to own an iconic Dairy Queen. Steeped in history and considered a local treasure, this could be the investment you’ve been waiting for. Don’t miss out on this chance to continue a rich legacy and own a successful enterprise.
The opportunity to buy the business is available separately. 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.
The Lowertown neighborhood has seen continued growth with new apartments, businesses, and residents moving into the area. The sale includes two parcels of land that are currently zoned MXT-NOD.
Property Highlights:
Established Business: North Broadway Dairy Queen was established in 1947, making it Rochester’s and Minnesota's oldest Dairy Queen. It’s more than a business; it’s a cherished part of Rochester’s history.
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.
This is a rare and exclusive opportunity to own an iconic Dairy Queen. Steeped in history and considered a local treasure, this could be the investment you’ve been waiting for. Don’t miss out on this chance to continue a rich legacy and own a successful enterprise.
The opportunity to buy the business is available separately. 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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
606 SF
Building Class
C
Year Built
1947
Price
$1,400,000
Price Per SF
$2,310
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Land Acres
0.39 AC
Opportunity Zone
Yes
Zoning
Business/Commerical
Parking
22 Spaces (36.3 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Corner Lot
- Freeway Visibility
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $9,000 | |
| Land Assessment | $308,700 | Total Assessment | $317,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$308,700
Improvements Assessment
$9,000
Total Assessment
$317,700
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Bucky Beeman -
Matt Gove -
Realty Growth, Inc.
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North Broadway Dairy Queen | 538 N Broadway
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