$2,200,000
Rochester, MN 55901
MLS# 6383127
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Property Description
This Strip Mall is ready for investment in the community of Rochester. Featuring 3 renters currently the potential is to fill the vacant space and improve the income. This is a true value-add opportunity and you will see it as your tour the property.
Details
Maps
None
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Active
Current Price: $2,200,000
Contingency: None
ListPrice: 2200000
List Date: 2023-06-07
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SEMR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 40
Owner Occupied: No
Year Built: 1995
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 10920
Lake/Waterfront Name: Fish Lake (Aurdal Twp.)
For Sale or Lease: For Sale
Acres: 1.23
Lot Dimensions: 247 x 220
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: SECT-26 TWP-107 RANGE-014 ELTON HILLS BUSINESS PARK LOT-008 BLOCK-001 1.23 AC LOT 8 BLK 1
Listing City: Rochester
Map Page: 999
Municipality: Rochester
Rental License?: No
School District Phone: 507-328-3000
House Number: 120
Street Name: Elton Hills
Street Suffix: Drive
Street Direction Suffix: NW
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55901
Zip Plus 4: 2720
DNR Lake ID#: 56068400
Property ID Number: 742641050790
DNR Lake Classification: Natural Environment
Complex/Dev/Subdivision: Elton Hills Bus Park
Tax Year: 2022
Tax Amount: 60586
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: This Strip Mall is ready for investment in the community of Rochester. Featuring 3 renters currently the potential is to fill the vacant space and improve the income. This is a true value-add opportunity and you will see it as your tour the property.
Directions: Located just off Elton Hills Drive NW near Dunn Brothers Coffee.
Assessments
Tax With Assessments: 60586
Basement
Foundation Dimensions: 60 x 182
Building Information
Building Finished SqFt: 10920
Building SqFt: 10920
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 14
Section#: 26
Township#: 107
Sale Options
Sale Includes: Building, Land
Unit Details
Total Units: 2
Property Features
Accessible: Partially Wheelchair
Air Conditioning: Central
Amenities Shared: Other
Amenities Unit: Patio
Appliances: Range
Basement: None
CMU Style: Office; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Commercial; Restaurant; Retail
Exterior: Brick/Stone; Stucco
Flooring: Concrete Slab
Fuel: Natural Gas
Heating: Forced Air
Lake/Waterfront: Other
Lock Box Type: Combo
Lot Description: Irregular Lot
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Driveway - Asphalt
Potential Use: Income; Lounge/Bar; Restaurant; Retail
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Flat
Sewer: City Sewer/Connected
Stories: One
Water: City Water - In Street; City Water/Connected
Listing Office: Realty Growth Inc.
Last Updated: March - 28 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
