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$ 1,300,000
Est. payment /mo
Active
218 1st AVE SW Rochester, MN 55902
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Original City Of Roch-Pt Torrens
MLS Listing ID 6674467
Year Built 1917
Annual Tax Amount $22,978
Tax Year 2024
Contingent None
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 130x 23
Property Description
Nestled in an unbeatable location, this historic 1917-built commercial property is hitting the market for the first time in years! This two-story building boasts character, charm, and modern updates that make it a standout investment. The beautifully remodeled second-floor space is also leased, with the tenant holding first right of refusal to purchase per their lease agreement. If you've been searching for a commercial property with long-term income potential and historic appeal, this is the one!
Location
State MN
County Olmsted
Zoning Business/Commercial
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building
Fireplace No
Exterior
Parking Features Off Site
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Flat
Present Use Commercial,Event Space,Office,Other,Retail
Building
Story Two
Foundation 2640
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick Veneer
Schools
School District Rochester
Listed by Robert Beeman • Realty Growth Inc.