2023-Renovated Four-Unit Retail
For Sale
Contact for pricing
1915 Greenview Dr SW, Rochester, MN 55902
Fully occupied retail building with on-site parking and recent renovations in a high-traffic Rochester corridor.
Property Size5,000 SF
Days on Market57
Property Features for 1915 Greenview Dr SW
General Information
Standard status
Active
Size
5,000 SF
Class
B
Total Parking Spaces
24
Property subtype
Retail, Office
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$74,356
Additional Details
Business Included
Yes
Traffic Count
18,000 vehicles/day
Building Details
Year Built
1986
Year Renovated
2023
Buildings
1
Units
4
Tenancy
Multi
Listing Agency:
LOAM Commercial Real Estate
Listed By:
Keith McKenzie · License #41027322
Source:
Crexi
Added: Jun 16
Changed: Aug 8
Last Checked: Aug 10 at 2:38PM
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 LOAM Commercial Real Estate
Investment Insights
Based on property information with market context.
1915 Greenview Dr SW is a four-unit retail property that was renovated in 2023 and is currently fully occupied. The building is designed as multiple retail suites and includes on-site parking for customer access. Prominent signage is available to support storefront visibility.
The property is situated in Rochester, Minnesota along Salem Road (C.S.A.H. 22). The nearby 16th Street SW intersection provides exposure to daily traffic counts exceeding 18,000 vehicles, supporting strong visibility to commuters and local customers traveling through the commercial corridor.
For buyers or investors, the current tenant occupancy and the presence of strong, long-term leases can appeal to those looking to acquire a retail asset with tenants already in place. The combination of multiple retail units, customer parking, and frontage along a high-volume roadway can provide a practical fit for investor underwriting focused on occupied retail real estate.
The property is situated in Rochester, Minnesota along Salem Road (C.S.A.H. 22). The nearby 16th Street SW intersection provides exposure to daily traffic counts exceeding 18,000 vehicles, supporting strong visibility to commuters and local customers traveling through the commercial corridor.
For buyers or investors, the current tenant occupancy and the presence of strong, long-term leases can appeal to those looking to acquire a retail asset with tenants already in place. The combination of multiple retail units, customer parking, and frontage along a high-volume roadway can provide a practical fit for investor underwriting focused on occupied retail real estate.
Key Highlights
- Four‑unit fully occupied retail property on a high‑traffic commercial corridor in Rochester, MN
- Along Salem Road (C.S.A.H. 22) near the 16th Street SW intersection, with daily traffic counts exceeding 18,000 vehicles
- 2023 renovation reported, with prominent signage and high daily commuter exposure
Property Analytics
Property Profile
Current Use
Lease Details
18,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
215k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Groceries 25%
Apparel 22%
Dining 10%
Trader Joe's
Groceries
48,336 visits/mo
0.4 miles
Barnes & Noble
Shops & Services
41,011 visits/mo
0.4 miles
Macy's
Apparel
39,701 visits/mo
0.4 miles
Kwik Trip
Shops & Services
36,855 visits/mo
0.2 miles
Red Lobster
Dining
14,616 visits/mo
0.4 miles
Demographics for 55902, MN
25,878
Population
11,954
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
41.1 sq mi
ZIP Area
630
Density / Sq Mi
$111,879
Median Household Income
$68,869
Median Earnings
$1,580
Median Rent
$430,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Jenny's Greenhouse — Rochester, MN 55902
Frequently Asked Questions
What type of property is this?
Storefront property - Fully occupied retail building with on-site parking and recent renovations in a high-traffic Rochester corridor.
Where is this storefront property located?
The property is located at 1915 Greenview Dr SW Rochester, MN.
What are key features of this property?
This property features: Four‑unit fully occupied retail property on a high‑traffic commercial corridor in Rochester, MN; Along Salem Road (C.S.A.H. 22) near the 16th Street SW intersection, with daily traffic counts exceeding 18,000 vehicles; 2023 renovation reported, with prominent signage and high daily commuter exposure
