Downtown Rochester Redevelopment
For Sale
Contact for pricing
323 S Broadway Ave, Rochester, MN
Prime location near Mayo Clinic and University of Minnesota Rochester.
Property Size29,108 SF
Lot Size0.07 Acres
Days on Market393
Property Features for 323 S Broadway Ave
General Information
Standard status
Active
Size
29,108 SF
Lot size
0.07 Acres
Property subtype
MULTIFAMILY
Listing Agency:
Realty Growth, Inc
(507) 951-1147
Listed By:
Matt Gove
(507) 951-1147
Source:
Moodyscre
Added: Jul 24, 2025
Changed: Aug 9
Last Checked: Aug 19 at 1:40PM
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.
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.
Key Highlights
- 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).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,452
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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).
