Property summary
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
VerifiedCap rate & NOI
Current use
-
Training Center Sports School
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.