Listing Courtesy of: Thomas Meilander - Edina Realty, Inc.
507-288-7665
$1,295,000
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1925 48th Street NE Rochester, MN 55906
Other
Residence
Beds
Baths
...
Bed/Bath
5,301
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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.
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MLS#
6798913
Property Type
Other
Year Built
1990
Square Feet
5,301
sq. ft
Lot Size
5.46
Stories
1.0
Sewer
City Sewer
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