416 Broadway Avenue S Rochester, MN ^$ 4,500

416 Broadway Avenue S

^$ 4,500

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416 Broadway Avenue S

Rochester, MN, 55904

^$ 4,500

Studio Baths0.0 Sq 7,784

Monthly Estimate*

^$ 31

Studio

Commercial Property for sale in Rochester, MN

for $4,500. This 7,784 square foot building was built in 1928 on a lot size of 0.09.

This small office space located in Downtown Rochester could be just the space you are looking for! Highlights of the space include parking right out front, an elevator, a patio right by the riverwalk, and the space was recently modernized. The unit is 3892.5 sqft of office space. Leasing for $4,500 per month (Modified Gross), including utilities, except Internet.

Commercial Active

Price

^$ 4,500

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 58,674

Style

Office

Lot Size

0.09

Year Built

1928

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

6435862

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Separate Heating Separate Hot Water Separate

Garage Spaces 0

Construction Materials Stucco

Year Built 1928

Levels One

Property SubType Office

Tax Year 2023

Current Use Office

Accessibility Partially Wheelchair

County Olmsted

Property Type Commercial Sale

Contingency None

Subdivision Name Willsons Riverside

Possible Use Office

Directions Driving the direction north on South Broadway you will cross over the river. The destination will then be the second building on your right. This specific unit is on the lower floor of the building.

City Rochester

Buyer Agent Compensation 100.00

High School District Rochester

Zoning Description Business/Commercial

Total Units 1

Street Name Broadway

Land Lease Y/N N

Tax Annual Amount 58674

Additional Parcels Y/N N

Days on Market 148

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type $

Exterior

Parking Features Paved

Water Source City Water/Connected

Inclusions Other

Lot Size Area 0.09

Building Area Total 7784

Lot Dimensions 106 x 94

Lot Size Units Square Feet

Foundation Area 3893

Interior

Basement (Y/N) N

Street Suffix Avenue

Fuel Natural Gas

Internal Only

Street Number 1 416

* Excluded Features

List By

Realty Growth Inc.

Broker

bucky@rgi-group.com

Affordability Calculator

$4,921

Per Month

Monthly Principal & Interest: $31
Monthly Property Taxes: $4,890
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 21,556%

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
10/9/2023	$4,500		Listed Price

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416 Broadway Avenue S, Rochester, MN, 55904 is a Commercial Property for sale at $4,500 with 7,784 sqft and a lot size of 0.09. 416 Broadway Avenue S is a studio with 0.0 baths and was built in 1928. The property's zip code is 55904 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 4/27/2024.

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416 Broadway Avenue S

Commercial Property for sale in Rochester, MN

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