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323 S Broadway Ave Rochester, MN

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For Sale
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Prime location near Mayo Clinic and University of Minnesota Rochester.

Type:MULTIFAMILY
Property size:
29,108 SF
Lot size:
0.07 Acres
Added:
Jul 24, 2025
Days on Market:
254
Last Refresh:
Apr 1 at 8:21 pm

Property Features for 323 S Broadway Ave

General Information

Standard status
Active
Size
29,108 SF
Lot size
0.07 Acres
Property subtype
MULTIFAMILY

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Listing Contact
Matt Gove
Matt Gove

Listing agent Matt Gove

Listing office Realty Growth, Inc

Listing date Jul 24, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Realty Growth, Inc


Overview

Downtown Rochester Redevelopment Opportunity

Located at a prominent intersection in Downtown Rochester, this property offers an opportunity for investors seeking cash flow or a redevelopment project. Situated 0.3 miles from the Mayo Clinic campus and 0.2 miles from the University of Minnesota Rochester, the property benefits from its proximity to these institutions. The property is located in Rochester’s walkable Historic District and zoned MXD-BUS, Rochester’s most intensive development classification. This site is positioned to meet the city’s demand for housing, retail, and mixed-use spaces. The combined footprint represents a chance to reimagine a section of downtown. The property has a size of 29108 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Kimley-Horn Civil Engineering Company

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rochester
County
Olmsted
State
Minnesota
Longitude
-92.4633
Latitude
44.0196

FAQs

What type of property is this?
Apartment building - Prime location near Mayo Clinic and University of Minnesota Rochester.
Where is this apartment building located?
The property is located at 323 S Broadway Ave Rochester, MN.
What are key features of this property?
This property features: Premier downtown location at the intersection of Broadway & 4th Street South.; Zoned MXD‑BUS, Rochester’s most intensive development classification, allowing for housing, retail, and mixed‑use spaces.; Close proximity to Mayo Clinic campus (0.3 miles) and University of Minnesota Rochester (0.2 miles).
(507) 951-1147 Call to check price and availability
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