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Active
$3,500,000
/mo Edit
Commercial:  Other
Built 2013
1.29 acres
MLS# 6782517
My rating:
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    Property Description

    This ±7, 522 SF free-standing retail asset offers a rare, 100% leased investment opportunity on Rochester’s primary commercial artery. Built in 2013, the property features modern construction, a flexible two-tenant layout, and a high-demand drive-thru suite—a critical feature for long-term tenant retention and value. Strategically positioned with pylon signage and signalized access, the site benefits from over 21, 000 VPD and sits within the Olmsted County Cannabis-approved zone, adding a unique layer of future-proof versatility. Located just minutes from Downtown Rochester and the world-renowned Mayo Clinic, this asset is an ideal fit for 1031 exchange buyers or investors seeking a low-maintenance, stabilized property in a high-growth Minnesota market.

    Listing

    Contingency: None
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Other
    Zip Code: 55901
    Subdivision Name: Pennington Bus Park 4th Sub

    Interior

    Ceiling Height: 8-10

    Exterior

    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 7,522 ft2
    Handicap Accessible: No Stairs External, No Stairs Internal, Partially Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Parking Lot
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights

    Lot & Land

    Acres: 1.29
    Geolocation: 44.065843, -92.498128
    Inclusions: Other
    Lot Dimensions: 388 x 199
    Zoning: Business/Commercial
    Lot Description: Public Transit (w/in 6 blks)

    Schools

    School District: 1929
    District Phone: 5073283000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $95,214
    Lender-owned: Not Disclosed
    Assessment Pending: Unknown
    Taxes w/ Assessments: $95,214

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Realty Growth Management Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.