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    1004 15Th Ave Rochester, MN 55904

    Sponsored
    For Sale
    Contact for pricing

    Four Buildings, High Visibility, Price Reduced

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use investment opportunity in Rochester, Minnesota, presents a rare chance to acquire a portfolio of four commercial buildings situated on a sizable 1.01-acre lot. The property boasts a prime location with high visibility, directly across from established businesses such as Planet Fitness, Cub Foods, and the Eagles Club, ensuring significant foot traffic and brand recognition. The property includes a duplex, providing immediate rental income potential, alongside three additional commercial buildings offering diverse revenue streams. The buildings are situated at 1004 15th Ave SE, Rochester, MN 55904, within Olmsted County. The property's Assessed Parcel Number (APN) is 640141001047. This is a turnkey investment opportunity with significant upside potential, ideal for an investor seeking a diverse portfolio in a thriving market. The property's strategic location and the combination of residential and commercial units make it an attractive proposition for long-term growth and profitability. The recent price reduction makes this an even more compelling investment opportunity. This package presents a unique chance to acquire a well-positioned, multi-building commercial property in a desirable location. Don't miss this chance to secure a valuable asset in a rapidly growing area.

    Property Features for 1004 15Th Ave

    General Information

    Property type
    Mixed-use properties
    Lot Size
    43,996 SF

    Building Details

    Buildings
    4

    HighLights

    • High‑visibility mixed‑use property.
    • Four commercial buildings on a 1.01‑acre lot.
    • Includes a duplex.
    • Excellent location across from Planet Fitness, Cub Foods, and the Eagles Club.
    • Price reduced.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.443248622257
    Latitude
    44.011166661593

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    FAQs

    What type of property is this?
    Mixed-use property - Four Buildings, High Visibility, Price Reduced
    Where is this mixed-use property located?
    The property is located at 1004 15Th Ave Rochester, MN.
    What are key features of this property?
    This property features: High-visibility mixed-use property.; Four commercial buildings on a 1.01-acre lot.; Includes a duplex.
    (507) 251-4853
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    1004 15Th Ave Rochester, MN 55904
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    Rochester, MN 55904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1004 15Th Ave Rochester, MN 55904
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