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11 5th Street NW Rochester, MN $ 1,200,000
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$ 1,200,000 Get more info
11 5th Street NW
$ 1,200,000
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11 5th Street NW

Rochester, MN, 55901
$ 1,200,000
Baths0.0 Sq 2,556

Monthly Estimate*

$ 8,382

11 5th Street NW, Rochester, MN 55901 - Image 1
11 5th Street NW, Rochester, MN 55901 - Image 2
11 5th Street NW, Rochester, MN 55901 - Image 3
Studio

Commercial Property for sale in Rochester, MN

for $1,200,000. This 2,556 square foot building was built in 1969 on a lot size of 0.1.

Discover a prime location just steps away from Broadway Avenue, presenting an exceptional development opportunity. Nestled in the Lowertown district of downtown Rochester, this property brims with untapped potential, ready for revitalization and new development. Creative seller financing options are at your disposal. This listing pertains solely to the real estate itself. The business will be listed separately.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,124

Style

Lot Size

0.1

Year Built

1969

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

6453453
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 0
Construction Materials Block
Year Built 1969
Tax Year 2023
Current Use Food Service
Accessibility Partially Wheelchair
County Olmsted
Property Type Commercial Sale
Contingency None
Subdivision Name Original City Of Roch-Pt Torrens
Directions Headed North on Broadway take a left onto 5th Street NW. The freestanding building will be on the right-hand side next door to the North Star bar.
City Rochester
Buyer Agent Compensation 2.00
High School District Rochester
Zoning Description Business/Commercial
Total Units 1
Street Name 5th
Land Lease Y/N N
Tax Annual Amount 5124
Additional Parcels Y/N N
Days on Market 3
Standard Status Active
Lender Owned Not disclosed
Buyer Agent Compensation Type %
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Exterior
Parking Features Parking Lot Paved
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.1
Building Area Total 2556
Lot Dimensions 129 x 90
Lot Size Units Acres
Foundation Area 2521
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Interior
Basement (Y/N) N
Street Suffix Street
Fuel Natural Gas
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Internal Only
Street Number 1 11
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* Excluded Features
List By
Realty Growth Management Inc.

Broker

Dylan@rgi-group.com

Email

Affordability Calculator

$8,809
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
$427
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!
Nearby
708969 Elementary School
708343 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/27/2023$1,200,000 Listed Price

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11 5th Street NW, Rochester, MN, 55901 is a Commercial Property for sale at $1,200,000 with 2,556 sqft and a lot size of 0.1. 11 5th Street NW is a studio with 0.0 baths and was built in 1969. The property's zip code is 55901 which is in Rochester, MN

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