Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    1245 Eastgate SE Dr, Rochester, MN 55904-4758

    1,560 SF 0.97 ac lot Built 1998
    Individually Owned 13-yr Hold Free & Clear
    Property ID
    US46-1143529
    Property summary
    AI-generated overview

    This exceptional 1,560 square foot mixed-use building, located at 1245 Eastgate Dr SE in Rochester, Minnesota (zip code 55904), presents a compelling investment opportunity. Constructed in 1998, this single-story, Class C building offers a versatile space ideal for office, retail, or showroom use. The property features a spacious, open floor plan, providing flexibility for various business configurations. Adding to its functionality are two adaptable auto bays at the rear, suitable for warehouse storage or other specialized needs. Ample parking is available with 30 spaces in the large lot, ensuring convenience for both employees and clients. The building's prime location, conveniently situated off Marion Rd and Hwy 14 E, provides excellent visibility and accessibility, maximizing exposure to potential customers. The property is zoned commercial (APN: 640144052429) and boasts a single tenancy. This well-maintained building represents a rare opportunity to acquire a functional and strategically located commercial property in a thriving Rochester market. The property's combination of office and potential warehouse space makes it suitable for a wide range of businesses. Don't miss this chance to secure a valuable asset in a desirable location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
    Year built 1998
    Total area 1,560 SF
    Lot 0.97 ac (42,253 SF)
    APN 64.01.44.052429
    UPID US46-1143529
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • First Credit Car Dealership
    • El Nayarita Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    James H Bishop · 13 yrs held
    James H Bishop
    since 2012
    2 recorded transactions
    2012
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1245 Eastgate SE Dr?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message