407 2Nd AveRochester, MN 55901

  • Retail properties
  • 15,111 SF
For Sale

Property Details for 407 2Nd Ave

Year built
1952
Lot size
0.52 AC
Property size (Sq ft)
15,111 SF
Property type
Retail properties
Property subtype
Retail space
APN
74.35.42.018487
APU
743542018487

Description

This exceptional business opportunity presents a substantial 15,111 square foot commercial property ideally situated at 407 2nd Avenue NW in the vibrant city of Rochester, Minnesota. The property boasts a generous 0.52-acre lot, offering ample space for expansion, development, or outdoor activities related to the business. Located in Rochester, MN, this property benefits from the city's robust economy and thriving business environment. The asking price for this significant commercial asset is $10,000,000. The property's size and location make it suitable for a wide range of business ventures, from retail and office spaces to specialized commercial uses. Serious inquiries are encouraged to explore the potential of this prime commercial real estate offering. The substantial square footage provides significant flexibility for a variety of business plans and layouts. The 0.52-acre lot offers potential for future expansion or outdoor amenities. Given its location in Rochester, MN, this property benefits from a strong local economy and a well-established infrastructure. The property is ready for immediate occupancy, presenting a unique opportunity for a discerning investor or business owner seeking a significant presence in a thriving market. Detailed property information and specifications are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable location. Don't miss out on this chance to secure a prime asset in a growing market.

407 2Nd Ave, Rochester, Minnesota
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Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.0279
Longitude
-92.4664
CBSA code
40340
CBSA name
ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,654
$367,800
$442,600
$810,400
-
$367,800
$442,600
$810,400

FAQs

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