3169 Wellner NE Dr, Rochester, MN 55906-7329
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.
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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
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.