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1024 Broadway Avenue N Rochester, MN $ 3,500,000
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$ 3,500,000 Get more info
1024 Broadway Avenue N
$ 3,500,000
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1024 Broadway Avenue N

Rochester, MN, 55906
$ 3,500,000
Baths0.0 Sq 6,428

Monthly Estimate*

$ 24,449

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Studio

Commercial Property for sale in Rochester, MN

for $3,500,000. This 6,428 square foot building was built in 1966.

Excellent opportunity to invest in this multi parcel portfolio right on North Broadway, the gateway to Destination Medical Center! This five-parcel portfolio consists of various businesses, easy access to public transportation, ample parking and a fantastic location just blocks from Silver Lake. Three of the parcels are right on Broadway and the two additional parcels are connected directly behind it. The parcels are accessible from three streets: 10th Street NE, 11th Street NE- both connecting to Broadway Avenue. Rare opportunity for endless commercial possibilities!

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Commercial Active

Price

$ 3,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 46,514

Style

Year Built

1966

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

6343078
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Separate
Garage Spaces 4
Construction Materials Aluminum Siding
Year Built 1966
Tax Year 2022
Current Use Automotive Commercial Residential Restaurant
Accessibility None
Additional Parcels Description 743511056110 743511016068
County Olmsted
Property Type Commercial Sale
Contingency None
Subdivision Name Northern Add
Directions From highway 52 exit 56C for Elton Hills Dr keep left at the fork slight left onto 19th St NW/Elton HIlls drive turn right onto Assisi Drive turn left onto 14th St NW turn right onto Broadway Ave tur
City Rochester
Buyer Agent Compensation 2.50
High School District Rochester
Zoning Description Business/Commercial Other
Total Units 4
Street Name Broadway
Land Lease Y/N N
Tax Annual Amount 46514
Additional Parcels Y/N Y
Days on Market 302
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Detached
Water Source City Water/Connected
Inclusions Building Land Leases Rental License
Building Area Total 6428
Lot Dimensions 268x125/206x56
Lot Size Units Acres
Foundation Area 3436
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
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Internal Only
Street Number 1 1024
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* Excluded Features
List By
Re/Max Results

Broker

rhata@rhatahomes.com

Email

Affordability Calculator

$28,325
Per Month
86%
14%
0%
Monthly Principal & Interest
$24,449
Monthly Property Taxes
$3,876
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708969 Elementary School
708343 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/15/2023$3,500,000 Listed Price

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1024 Broadway Avenue N, Rochester, MN, 55906 is a Commercial Property for sale at $3,500,000 with 6,428 sqft. 1024 Broadway Avenue N is a studio with 0.0 baths and was built in 1966. The property's zip code is 55906 which is in Rochester, MN

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