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    OFF-MARKET
    Strip malls

    3155 Wellner NE Dr, Rochester, MN 55906-7332

    6,000 SF 0.5 ac lot Built 2000
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US46-1144170
    Property summary
    AI-generated overview

    This exceptional 6,000 square foot shopping center presents a rare investment opportunity in Northeast Rochester, Minnesota. Located at 3155 Wellner Dr NE, this single-story building sits on a half-acre lot (APN 74.24.31.057574) and boasts a convenient location near the intersection of Broadway and East Circle Drive, ensuring high visibility and accessibility for businesses and customers alike. Constructed in 1999, the property offers a well-maintained structure ready for immediate occupancy or redevelopment. The property's strategic placement within a rapidly expanding area of Rochester makes it an ideal investment for those seeking strong returns in a thriving market. Its proximity to major thoroughfares guarantees significant foot traffic and easy access for both employees and patrons. The single-building design simplifies management and maintenance, making it an attractive option for investors seeking a low-maintenance, high-yield property. This retail space is perfect for a variety of businesses seeking a prominent location in a dynamic and growing community. The 0.5-acre lot provides ample space for potential expansion or outdoor amenities. Don't miss this chance to acquire a valuable asset in a prime location. This property offers a unique blend of established infrastructure and significant growth potential.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2000
    Total area 6,000 SF
    Lot 0.5 ac (21,693 SF)
    APN 74.24.31.057574
    UPID US46-1144170
    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
    • Park Institute of Tae Kwon Do Training Center Sports School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Lle Investments LLC · 1 yrs held
    Lle Investments LLC
    since 2025
    Last sale
    $2.2M
    4 recorded transactions
    2025
    $2.2M
    2023
    2022
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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