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Commercial Package with Mixed-Use Buildings
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1004 15th Ave SE, Rochester, MN 55904

Commercial package featuring duplex and commercial buildings on approximately 1-acre lot.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market1068

Property Features for 1004 15th Ave SE

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Mixed Use

Building Details

Buildings 4
Listing Agency: LOAM Commercial Real Estate
Listed By: Jay Christenson · License #MN 8272275
Source: Crexi
Added: Sep 30, 2023 Changed: Aug 27 Last Checked: Aug 31 at 7:03PM

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.

This commercial package features a duplex and three commercial buildings situated on an approximately 1-acre lot. The property benefits from high visibility, located across from Planet Fitness, Cub Foods, and the Eagles Club. The zoning allows for mixed-use center and medium-density residential. Compatible non-residential uses include lodging, offices, retail, and civic and community uses. Other uses may be viable with planning permission approval.

Key Highlights

  • Multiple buildings included: a duplex and 3 commercial buildings.
  • Approximately 1 acre lot size.
  • High visibility location across from Planet Fitness, Cub Foods, and the Eagles Club.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Law Firm Auto Parts Store Nail Salon Pharmacy

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

346
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial package featuring duplex and commercial buildings on approximately 1-acre lot.
Where is this mixed-use property located?
The property is located at 1004 15th Ave SE Rochester, MN.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Multiple buildings included: a duplex and 3 commercial buildings.; Approximately 1 acre lot size.; High visibility location across from Planet Fitness, Cub Foods, and the Eagles Club.
(507) 251-4853 Call to check price and availability
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