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    OFF-MARKET
    Apartment buildings

    5231 Frontage Rd, Rochester, MN 55901

    8,934 SF 1 ac lot Built 1989
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8,934 square foot commercial space, situated at 5231 E Frontage Road NW in Rochester, Minnesota, presents a remarkable opportunity for a discerning business. Located within the Wallin Building (Newt's North), this low-rise property sits on a one-acre lot and offers unparalleled convenience. The space boasts a private entrance, ensuring exclusivity and ease of access for clients and employees. Shared bathrooms are readily available, minimizing operational overhead. Ample front-door parking eliminates the hassle of searching for spots. The interior layout is highly adaptable, featuring a flexible open floor plan. Currently configured with two separate offices, a substantial storage area, and a spacious reception area (which could also function as a third office), this space offers a blank canvas for customization. The 975 square foot area described in the original listing is only a portion of the total 8,934 square foot space available. This property is ideal for a variety of retail or office uses, providing the perfect blend of functionality and prime location in a thriving Rochester community. The asking price is $2250 per month. This is a rare opportunity to secure a well-located, spacious, and adaptable commercial property in a desirable market. Don't miss out on this chance to establish your business in a prime Rochester location.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1989
    Total area 8,934 SF
    Lot 1 ac (43,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Edward Jones Financial Advisor
    • Newt's North Restaurant
    • Marquardt Roger A MD Physician
    • Back To Health Chiropractic Clinic Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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