Property summary
This exceptional 3,200-square-foot commercial property presents a prime opportunity for businesses seeking a strategic location in Rochester, Minnesota's thriving Northwest business district. Situated on a 0.36-acre lot, this versatile space is ideally suited for a variety of commercial uses, particularly automotive services. The property boasts a fully equipped painting booth featuring professional-grade ventilation, ensuring a safe and efficient workspace. Included within the sale are air compressors, a valuable asset for automotive-related businesses. The expansive interior layout provides ample room for multiple vehicles, accommodating growth and operational needs. Beyond the building itself, the property offers convenient extra parking for staff and customers, enhancing the overall convenience and appeal. This property's combination of size, features, and location makes it an exceptional investment for entrepreneurs and established businesses alike, offering the potential for significant return. The asking price is $700,000. Don't miss this chance to secure a foothold in a dynamic and prosperous area.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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