Property profile

5231 Frontage Rd Rochester, MN 55901

OFF-MARKET
Apartment buildings
8,934 SF 1 ac lot Built 1989
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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

Current use

Occupant on record · Public records
  • Financial Advisor
  • Restaurant
  • Physician
  • Alternative Medicine Practice

Location

5231 Frontage Rd Rochester, MN 55901
Rochester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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