Current Use by Public Records
- Community centers
Property Details for 0 48Th St
- Property type
- Community centers
- Property subtype
- Retail properties & Spaces
Description
The Shoppes on Maine is a prime retail investment opportunity located in Olmsted County. This five-building, multi-tenant center boasts a total of 100,444 square feet of leasable space, with eight spaces currently available, ranging from 1,000 to 30,886 square feet. The property benefits from a highly desirable location, shadow-anchored by major retailers such as Super Target, Lowe's, and Marcus Theaters, ensuring high foot traffic and visibility. Convenient access is provided via the diamond interchange at 48th Street and County Road 117, offering easy connectivity to Highway 63. Its strategic location offers significant advantages, being just 10 minutes south of downtown Rochester and the renowned Mayo Clinic, and minutes from Rochester International Airport, attracting a diverse customer base. This well-established retail center presents a compelling opportunity for businesses seeking a thriving location with strong anchor tenants and excellent accessibility. The property's multiple tenancy structure offers flexibility for a variety of retail uses, catering to diverse business needs. The expansive square footage provides ample space for both established businesses and new ventures seeking to establish a presence in a high-traffic area. The combination of strong anchors, convenient location, and available space makes this a truly exceptional retail investment opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.4638
- Latitude
- 43.9529
