11 5Th St NW Rochester, MN 55906
Property profile & analytics
11 5Th St NW Rochester, MN 55906
- Bars & Pubs
- 2,556 SF
- 0.10 lot acres
Property ID
US46-1148549
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Cheap Charlie's / Restaurant
Property Details for 11 5Th St NW
- Year built
- 1969
- Lot size
- 0.10 lot acres
- Property size
- 2,556 SF
- Property type
- Bars & Pubs
- Property subtype
- Pubs
- APN
- 74.35.42.018531
- APU
- 743542018531
Description
This exceptional 0.26-acre commercial and residential land parcel presents a unique redevelopment opportunity in Rochester, Minnesota's vibrant Lowertown district. Located at 11 5th St NW, 55906, this C-Class property boasts a prime corner lot just steps from Broadway, offering easy access to major roads and public transportation. The 2,556 square foot lot, with APN 743542018531 and 74.35.42.018530, features a two-story, 1969-built structure on a single unit. The asking price is $930,000, translating to $363.85 per square foot. The property is zoned for commercial use, presenting significant potential for revitalization or new construction projects. Its proximity to the Mayo Clinic and the Downtown Rochester area offers unparalleled access to a thriving and expanding market. This investment opportunity is ideal for developers seeking to capitalize on the continued growth of the Downtown, DMC, and Mayo Clinic areas. The property's location and zoning provide a strong foundation for a variety of development possibilities. This is a rare chance to acquire a key piece of real estate in a rapidly developing area.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.4639
- Latitude
- 44.0284
- 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
$5,124
$116,300
$113,300
$229,600
-
$116,300
$113,300
$229,600
