Property profile

3169 Wellner NE Dr Rochester, MN 55906

OFF-MARKET
Strip malls
Property ID
US46-1376265
6,975 SF 0.56 ac lot Built 2001
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,630 square foot retail space presents a fantastic opportunity for businesses seeking a prime location in Rochester, Minnesota. Situated within a single-story, 6,975 square foot building constructed in 2001, this end-cap unit boasts excellent visibility and accessibility. The property is located at 3169 Wellner Dr NE, Rochester, MN 55906, within a thriving commercial area. The building sits on a substantial 24,170 square foot lot, zoned for commercial use and identified by APN 742431057575. The space itself is a single-tenant unit, offering a convenient and independent setup. Internal features include plumbing already installed for a three-compartment sink and a dedicated small office area. Shared restrooms are conveniently located within the building. This property benefits from strong co-tenancy in a well-established retail and service center, ensuring high foot traffic and a vibrant business environment. The property's location in the growing Northeast quadrant of Rochester makes it an ideal choice for businesses looking to capitalize on the area's expansion and increasing consumer base. This is a rare opportunity to secure a well-appointed retail space in a desirable location.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Total area 6,975 SF
Lot 0.56 ac (24,219 SF)
APN 74.24.31.057575
UPID US46-1376265

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
  • Restaurant
  • Alternative Medicine Practice
  • Roofing Company General Contractor
  • Recording Studio
  • Alternative Medicine Practice Spa & Massage Center

Location

3169 Wellner NE Dr Rochester, MN 55906-7329
Rochester metro Census 1602 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

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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