432 16Th Ave, Rochester, MN 55901
5,336 SF | Retail Building | Rochester, MN 55901 | $1,200,000 ($225/SF)
For Sale
Active
Asking Price $1,200,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 5,336 SF
- Price / Square Foot
- $225
Listing Contacts
Bucky Beeman
Mark Steege
Property Overview
Lot Size: Approximately 0.86 acres (approximately 37,462 square feet).
Parcels/Zoning: Consists of 2 parcels. Currently zoned as MXG.
Traffic: 4950 AADT (Average Annual Daily Traffic) on 16th Ave NW
Neighborhood: Located in a well-established residential neighborhood with a mix of retail properties nearby.
Land Description: This spacious 0.86-acre property offers ample space for your vision. Whether you’re considering residential development, commercial use, or a combination of both, this lot provides flexibility. The two parcels allow for creative possibilities, and the 4950 AADT ensures visibility and accessibility.
Building Information: The current structure is a tear-down, presenting a blank canvas for your project. Imagine the potential for a new residential complex, retail space, or mixed-use development. The choice is yours!
Neighborhood Highlights: The property is located in a well-established residential neighborhood, offering a sense of community and convenience. Residents enjoy proximity to parks, restaurants, and shopping centers. Additionally, the nearby retail district provides opportunities for businesses to thrive.
Parcels/Zoning: Consists of 2 parcels. Currently zoned as MXG.
Traffic: 4950 AADT (Average Annual Daily Traffic) on 16th Ave NW
Neighborhood: Located in a well-established residential neighborhood with a mix of retail properties nearby.
Land Description: This spacious 0.86-acre property offers ample space for your vision. Whether you’re considering residential development, commercial use, or a combination of both, this lot provides flexibility. The two parcels allow for creative possibilities, and the 4950 AADT ensures visibility and accessibility.
Building Information: The current structure is a tear-down, presenting a blank canvas for your project. Imagine the potential for a new residential complex, retail space, or mixed-use development. The choice is yours!
Neighborhood Highlights: The property is located in a well-established residential neighborhood, offering a sense of community and convenience. Residents enjoy proximity to parks, restaurants, and shopping centers. Additionally, the nearby retail district provides opportunities for businesses to thrive.
Property Details
- Class
- C
- Year Built
- 1964
- Stories
- 1
- Lot Size (sq. ft)
- 6,534 SF
Highlights
- Prime Location: Close to amenities and major thoroughfares.
- Development Potential: Explore various options for land use.
- Visibility: High traffic volume ensures exposure.
- Visibility: High traffic volume ensures exposure.
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].