1004 15Th Ave Rochester, MN 55904
- Investment properties
- 2,269 SF
- 1.01 lot acres
Current Use by Public Records
- Investment properties
Property Details for 1004 15Th Ave
- Year built
- 1951
- Lot size
- 1.01 lot acres
- Property size
- 2,269 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 64.01.41.001047
- APU
- 640141001047
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.4429
- Latitude
- 44.0109
- CBSA code
- 40340
- CBSA name
- ROCHESTER, MN METROPOLITAN STATISTICAL AREA
