About This Restaurant
Investment Highlights
Easily accessible from major roads and public transportation Exciting Lowertown Location Development Potential Corner Lot
Executive Summary
Discover a prime location just steps away from Broadway Avenue, presenting an exceptional development opportunity. Nestled in the Lowertown district of downtown Rochester, this property brims with untapped potential, ready for revitalization and new development. Creative seller financing options are at your disposal. Reach out to Realty Growth Inc. for comprehensive information.This listing pertains solely to the real estate itself. The business will be listed separately.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Fast Food General Retail Freestanding Restaurant
- Building Size 2,521
- Building Class C
- Year Built 1969
- Price 1,200,000
- Price Per SF 476
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.21
- Land Acres 0.27 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Bus Line
- Corner Lot
- Restaurant
- Signage
Nearby Amenities & Transportation
Retail | Caribou Coffee | ||
Retail | Bremer Bank | ||
Retail | U.S. Bank | ||
Retail | Saladworks | ||
Retail | Dunn Brothers Coffee | ||
Retail | The YMCA | ||
Retail | Starbucks | ||
Retail | Anytime Fitness | ||
Retail | Hy-Vee | ||
Retail | Wells Fargo Home Mortgage |
Property Taxes
Parcel Number | 74.35.42.018530 74.35.42.018531 | Improvements Assessment | $187,900 |
Land Assessment | $113,300 | Total Assessment | $301,200 |
Date Created: | 2024-07-16 04:16:20 | Last Updated: | 2024-07-16 04:16:20 |
Address: | 11 5th St NW , Rochester, Minnesota, 55901 |