2440 Clare NE Ln, Rochester, MN 55906-8400
This exceptional 22,242-square-foot special purpose property, located at 2440 Clare Ln NE in Rochester, Minnesota, presents a unique investment opportunity. Situated across from Century High School on a highly visible intersection with East Circle Drive, this two-level building boasts significant potential for diverse uses. Previously utilized as a gymnastics facility, its adaptable layout includes tall ceilings, multiple bathrooms, two locker rooms, private offices, and spaces suitable for classrooms or retail. The Olmsted County property (APN 733021078743) offers a single-tenant occupancy, providing flexibility and control. Its prominent location and versatile interior make it ideal for a variety of businesses, including but not limited to event spaces, dog boarding/training facilities, daycare centers, or swim schools. The substantial square footage and existing infrastructure provide a solid foundation for a successful venture. This is a rare opportunity to acquire a well-positioned, spacious building in a thriving Minnesota community with a strong potential for high returns. The property's zip code is 55906.
-
Jets Gymnastics Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.