120 Elton Hills Drive NW Rochester, MN ^$ 2,200,000

120 Elton Hills Drive NW

^$ 2,200,000

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120 Elton Hills Drive NW

Rochester, MN, 55901

^$ 2,200,000

Studio Baths0.0 Sq 10,920

Monthly Estimate*

^$ 15,368

120 Elton Hills Drive NW, Rochester, MN 55901 - Image 1

120 Elton Hills Drive NW, Rochester, MN 55901 - Image 2

120 Elton Hills Drive NW, Rochester, MN 55901 - Image 3

120 Elton Hills Drive NW, Rochester, MN 55901 - Image 4

120 Elton Hills Drive NW, Rochester, MN 55901 - Image 5

120 Elton Hills Drive NW, Rochester, MN 55901 - Image 6

120 Elton Hills Drive NW, Rochester, MN 55901 - Image 7

120 Elton Hills Drive NW, Rochester, MN 55901 - Image 8

120 Elton Hills Drive NW, Rochester, MN 55901 - Image 9

Studio

Commercial Property for sale in Rochester, MN

for $2,200,000. This 10,920 square foot building was built in 1995 on a lot size of 1.23.

This Strip Mall is ready for investment in the community of Rochester. Featuring 3 renters currently the potential is to fill the vacant space and improve the income. This is a true value-add opportunity and you will see it as your tour the property.

Commercial Active

Price

^$ 2,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 60,586

Style

Lot Size

1.23

Year Built

1995

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

6383127

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Separate Heating Separate Hot Water Separate

Roof Flat

Appliances Range

Garage Spaces 0

Construction Materials Brick/Stone Stucco

Year Built 1995

Levels One

Tax Year 2022

Current Use Commercial Restaurant Retail

Waterfront Features Other

Accessibility Partially Wheelchair

County Olmsted

Property Type Commercial Sale

Association Amenities Other

Contingency None

Subdivision Name Elton Hills Bus Park

Possible Use Restaurant Retail Investment Bar/Tavern

Directions Located just off Elton Hills Drive NW near Dunn Brothers Coffee.

City Rochester

Buyer Agent Compensation 2.00

Body of Water Fish Lake (Aurdal Twp.)

High School District Rochester

Zoning Description Business/Commercial

Total Units 2

Waterfront Y/N N

Street Name Elton Hills

Land Lease Y/N N

Tax Annual Amount 60586

Additional Parcels Y/N N

Days on Market 295

Standard Status Active

Lender Owned No

Amenities Unit Patio

Buyer Agent Compensation Type %

Interior

Basement None

Basement (Y/N) N

Street Suffix Drive

Foundation Dimensions 60 x 182

Fuel Natural Gas

Garage Dimensions 0

Garage Door Width 0

Garage Square Feet 0

Lake Acres 1078

Exterior

Parking Features Asphalt

Lot Features Irregular Lot

Water Source City Water/Connected City Water - In Street

Inclusions Building Land

Lot Size Area 1.23

Building Area Total 10920

Lot Dimensions 247 x 220

Lot Size Units Acres

Foundation Area 10920

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 120

* Excluded Features

List By

Realty Growth Inc.

Broker

bucky@rgi-group.com

Affordability Calculator

$20,416

Per Month

Monthly Principal & Interest: $15,368
Monthly Property Taxes: $5,049
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Rochester, MN

Average List Price ^$974,504

Percent of Sale Price 56%

About Rochester, MN

116,656 Population

27% Since 2002

^$66,956 Median Income

38.05 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708969 Elementary School

708343 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/7/2023	$2,200,000		Listed Price

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120 Elton Hills Drive NW, Rochester, MN, 55901 is a Commercial Property for sale at $2,200,000 with 10,920 sqft and a lot size of 1.23. 120 Elton Hills Drive NW is a studio with 0.0 baths and was built in 1995. The property's zip code is 55901 which is in Rochester, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/19/2024.

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120 Elton Hills Drive NW

Commercial Property for sale in Rochester, MN

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