11 5Th St NW, Rochester, MN 55906

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.