For Sale: Rochester MLS# 6798913
Active
NEW!
$1,295,000
Commercial: Other
Built 1990
5.46 acres
Rochester schools
MLS# 6798913
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Property Description
Tremendous opportunity to purchase this well built multi-use building with black top parking lot. Also, adjacent future development land is included (approximately 3 1/2 to 4 acres) with this property. Current building is in excellent condition with 4 bathrooms, kitchen area, conference rooms, event center, and only limited by your imagination! Potential uses could be, event center, commercial retail, offices, business services, day care, pet care and dog training site, church events, almost unlimited use, providing it conforms to zoning or rezoning options. Call for information on taxes and current possible uses, along with potential multi-family or villa home development potential on remaining acres. Professionally designed concept plan available for redevelopment idea. Property building is vacant, but was formerly used as a church, thus property taxes are from 2023 and depending on new use and developments, taxes are to be determined. The building alone would cost the asking price if built today! City water and sewer recently brought to the site and paid for in full...a developers dream, along with income from the building if rented. Much to explore on this rare financial opportunity. If interested in leasing the building call for that optional use.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,295,000
Property Type:
Commercial
City:
Rochester
Garage Spaces:
0
County:
Olmsted
Year Built:
1990
State:
MN
Property Style:
Other
Zip Code:
55906
Subdivision Name:
Hadley Creek Outlots 2nd
Interior
Ceiling Height:
8-10
Appliances Included:
- Dishwasher
- Gas Water Heater
- Refrigerator
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
50
Foundation Size:
5,336 ft2
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Off Site
- Parking Lot
- Paved
Exterior Material:
- Block
- Vinyl Siding
- Wood Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
5.46
Geolocation:
44.0721997468, -92.4386310516
Inclusions:
Building
Lot Dimensions:
Irreg
Zoning:
Other
Lot Description:
Some Trees
Schools
School District:
535
District Phone:
507-328-3000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$17,790
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$17,790
Units
Total Units:
1
Miscellaneous
Current Use:
Other
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Common
Water System:
City Water/Connected
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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!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.