Waterfront Development
For Sale
Contact for pricing
Pending
504 East Center St, Rochester, MN 55904
Residential land along the river with zoning for medium density residential development.
Property SizeContact for details
Days on Market704
Property Features for 504 East Center St
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
CBRE Minneapolis
Listed By:
Brian Pankratz · License #MN 20340709
Source:
Crexi
Added: Sep 17, 2024
Changed: Aug 8
Last Checked: Apr 24 at 11:54AM
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 CBRE Minneapolis
Investment Insights
Based on property information with market context.
This waterfront development site offers river frontage and zoning that allows medium density residential use. The property is positioned to take advantage of the surrounding river setting and view potential.
The site is located in Rochester, just blocks from Mayo Clinic’s $5 billion main facility expansion. With continued momentum from the area’s growth and development focus, this land presents a straightforward platform for residential planning within the approved zoning parameters.
Prospective buyers should confirm final development details with the City based on the intended site plan and the applicable zoning requirements for medium density residential.
The site is located in Rochester, just blocks from Mayo Clinic’s $5 billion main facility expansion. With continued momentum from the area’s growth and development focus, this land presents a straightforward platform for residential planning within the approved zoning parameters.
Prospective buyers should confirm final development details with the City based on the intended site plan and the applicable zoning requirements for medium density residential.
Key Highlights
- Residential riverfront development site in Rochester
- Just blocks from Mayo Clinic’s $5 billion expansion main facility
- Zoning allows medium density residential development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,975
Businesses Nearby
Explore this area
Business Placement
Demographics for 55904, MN
29,813
Population
12,984
Households
2.3
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
60.1 sq mi
ZIP Area
496
Density / Sq Mi
$76,434
Median Household Income
$47,250
Median Earnings
$1,253
Median Rent
$237,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential land along the river with zoning for medium density residential development.
Where is this residential land & home lot located?
The property is located at 504 East Center St Rochester, MN.
What are key features of this property?
This property features: Residential riverfront development site in Rochester; Just blocks from Mayo Clinic’s $5 billion expansion main facility; Zoning allows medium density residential development
