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11 5th St NW - Lowertown Development Opportunity

0.26 Acres of Commercial Land Offered at £727,679 in Rochester, MN 55901

Investment Highlights

  • Easily accessible from major roads and public transportation
  • Exciting Lowertown Location
  • Development potential
  • Corner lot

Executive Summary

Located just steps off Broadway in Downtown Rochester’s Historic Lowertown District, this property offers an exceptional development opportunity. With untapped potential, it’s ideal for revitalization or new projects. Tap into the expansive growth of Downtown, DMC, and Mayo Clinic! Contact RGI today to discuss this attractive opportunity.

Property Facts

Price £727,679 Property Subtype Commercial
Sale Type Investment Proposed Use Commercial
No. Lots 1 Total Lot Size 0.26 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £727,679
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.26 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price £727,679 Lot Size 0.26 AC
Price Per AC £2,798,764
Price £727,679
Price Per AC £2,798,764
Lot Size 0.26 AC

Great opportunity for redevelopment.

Description

Great development opportunity in downtown Rochester's Historic Lowertown District.

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11 5th St NW, Rochester, MN - aerial map view - Image1
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11 5th St NW, Rochester, MN - aerial map view - Image3
11 5th St NW, Rochester, MN - aerial map view - Image4
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 74.35.42.018530
  • 74.35.42.018531
 Improvements Assessment £88,886
Land Assessment £147,411 Total Assessment £236,297

PROPERTY TAXES

Parcel Numbers
Multiple
  • 74.35.42.018530
  • 74.35.42.018531
Land Assessment
£147,411
Improvements Assessment
£88,886
Total Assessment
£236,297
(507) 951-1147

  • Listing ID: 33564409

  • Date on Market: 18/10/2024

  • Last Updated:

  • Address: 11 5th St NW, Rochester, MN 55901

The Land Property at 11 5th St NW, Rochester, MN 55901 is currently available For Sale. Contact Realty Growth, Inc. for more information.

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11 5th St NW - Lowertown Development Opportunity
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Matt Gove

(507) 951-1147

(507) 951-1147

Dylan Carty

(507) 272-8049

(507) 272-8049

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