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Additional details
$1,600,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Original City Of Roch-Pt Torrens
MLS Listing ID 7030361
Year Built 1927
Annual Tax Amount $40,616
Tax Year 2025
Contingent None
Lot Dimensions 140x66x140x66
Property Description
Strategically located directly on Broadway in the heart of Downtown Rochester, Minnesota, this versatile property offers premier visibility, making this an attractive business or investment opportunity. Its prime location, blocks from the Mayo Clinic campus, ensures a consistent flow of foot and vehicle traffic. The building has three forms of income: 5 short-term rentals, 4 commercial retail spaces, and 3 large storage units. This building also offers rare onsite parking in the downtown Rochester, MN area, which adds significant value and convenience, benefiting tenants and staff in a dense urban setting. Zoned to support a variety of uses, this site is perfectly positioned to capitalize on the city's continued growth!
Location
State MN
County Olmsted
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building, Fixture/Equipment, Leases
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Flat
Present Use Residential,Retail
Building
Lot Description Public Transit (w/in 6 blks)
Foundation 8635
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Rochester
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Listed by Justin Collopy • Realty Growth Inc.
Nearby School & Business
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