$1,200,000

11 5th Street NWRochester, MN 55901

Type: Commercial

1969 Year Built

Description

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.

MLS ID: 6453453

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.

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Property Details

Essential Details

MLS #: 6453453

Listing courtesy of: Realty Growth Management Inc.

Price: $1,200,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Business/Commercial

Current Use: Food Service

Total Units: 1

Parking Features: Parking Lot, Paved

Other Parking Spaces: 20

Building Details

Construction Materials: Block

AccessibilityFeatures: Partially Wheelchair

Heating: Forced Air

Year Built: 1969

Foundation Area: 2,521

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Utilities: Electric Separate, Heating Separate, Hot Water Separate

Lot Details

Complex/Dev/Sub Name: Original City Of Roch-Pt Torrens

Lot Dimensions: 129 x 90

School Information

District: Rochester

District Number: 535

District Phone: 507-328-3000

Community Information

County: Olmsted

Survey Range: 14

Survey Section: 35

Survey Township: 107

Taxes

Tax Year: 2023

Tax Amount: $5,124

Assessment Pending: Unknown

Taxes w/Assessments: $5,124

This listing was last updated by Realty Growth Management Inc. on 10/30/2023 at 9:19 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 4/28/2024 8:45 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Winona are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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