Property profile

3155 Wellner NE Dr Rochester, MN 55906

OFF-MARKET
Strip malls
Property ID
US46-1144170
6,000 SF 0.5 ac lot Built 2000
Entity Owned 1-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Training Center Sports School

Location

3155 Wellner NE Dr Rochester, MN 55906-7332
Rochester metro Census 1602 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$2.2M
4 recorded transactions
2025
$2.2M
2023
Price N/A
2022
Price N/A
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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