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Strip Center with Large Storefronts
For Sale
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1609 Broadway Avenue N #1627, Rochester, MN 55906

Business/Commercial-zoned retail center with prominent signage and on-site parking.

Property SizeContact for details
Days on Market244

Property Features for 1609 Broadway Avenue N #1627

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial
Lease Type NNN

Taxes and HOA fees

Annual Taxes $299,176

Building Details

Year Built 1964
Units 1
Listing Agency: Realty Growth Inc.
Listed By: Matt Gove
Source: Ivyrealestategroup
Added: Dec 10, 2025 Changed: Aug 8 Last Checked: Aug 10 at 11:07AM

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.

Investment Insights

Based on property information with market context.

This strip center offers large storefronts, prominent signage, and on-site parking within an established retail property. The building was constructed in 1964 and carries Business/Commercial zoning, supporting its commercial positioning along Broadway Avenue N.

Located at 1609 Broadway Avenue N in Rochester, the property sits near downtown and along a heavily traveled commercial corridor. Its storefront configuration and visible signage provide practical exposure for retail occupants, while the parking area supports customer access. The property is offered for sale.

Key Highlights

  • Established strip center at 1609 Broadway Avenue N in Rochester, MN 55906
  • Large storefronts with prominent signage
  • Business/Commercial zoning

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Pharmacy Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

806
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 94% Shops & Services 5% Electronics 2%
McDonald's Dining
21,172 visits/mo 0.4 miles
Burger King Dining
13,708 visits/mo 0.1 miles
Starbucks Dining
11,981 visits/mo 0.1 miles
Caribou Coffee Dining
9,903 visits/mo 0.1 miles
Moka Dining
4,910 visits/mo 0.4 miles

Demographics for 55906, MN

19,559
Population
8,798
Households
2.2
Avg Household Size
41
Median Age
53%
College-Educated
95%
High-School Grad
61.5 sq mi
ZIP Area
318
Density / Sq Mi
$104,146
Median Household Income
$54,380
Median Earnings
$1,152
Median Rent
$350,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Business/Commercial-zoned retail center with prominent signage and on-site parking.
Where is this strip mall located?
The property is located at 1609 Broadway Avenue N #1627 Rochester, MN.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Established strip center at 1609 Broadway Avenue N in Rochester, MN 55906; Large storefronts with prominent signage; Business/Commercial zoning
More about this property
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