218 1st Ave SW - Retail FOR SALE


Rochester, MN 55902- Downtown Rochester
$1,300,000 USD
507-951-7130
218 1st Ave SW, Rochester, MN for Sale
$1,300,000 USD
Retail - FOR SALE
1/11
null | Request Cap Rate

218 1st Ave SW
Rochester, MN 55902
Downtown Rochester


HIGHLIGHTS

  • Historic 1917 building in the heart of Rochester
  • Main-floor tenant wants to lease back, ensuring immediate rental income
  • 2nd Floor Beautifully remodeled while preserving character and appeal
  • High visibility and heavy foot traffic

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,920 SF

ZONING

Commercial/Industrial

APN/PARCEL ID

64.02.12.017868

ASK ABOUT THIS PROPERTY

Bucky BeemanRealty Growth, Inc.More Info
507-951-7130

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Bucky BeemanRealty Growth, Inc.More Info
507-951-7130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.