PROPERTY DESCRIPTION
Commercial and residential real estate in Rochester, MN.
Welcome to this incredible opportunity to own a versatile property that combines commercial and residential spaces, offering endless possibilities for entrepreneurs and investors. Located in the City of Rochester, MN, this property spans 11.64 +/- acres and features a shop/retail warehouse building, an unfinished building, a rented-out home, and 3 other vacant parcels.
The shop/retail warehouse building, boasting over 5,000 square feet, is a haven for hobby enthusiasts. It comes equipped with a store front, fixtures, and an existing hobby store inventory valued at approximately $50,000. Currently used as a hobby car track, store, BMX bike events, and storage space; this building is primed for a variety of creative ventures.
Adjacent to the shop/retail warehouse building is an unfinished building, originally intended for a mother-in-law suite. This blank canvas offers the opportunity to create a customized living space or expand the existing commercial operations.
The rented-out home on the property is a charming 1950's ranch-style house. With a single-car attached garage spanning 330 square feet, 1 ½ baths, and 2 bedrooms [one legal], this cozy residence provides a comfortable living space. The basement is nearly finished, adding an additional 691 square feet [to the main floor's 757 square feet]. The home also features a front porch and a back cement slab patio, perfect for enjoying the outdoors.
With forced air, a fireplace, a metal roof, and vinyl siding, this home offers both durability and comfort. In addition to the existing buildings, 3 vacant parcels accompany the property, completing the expansive 11.64 +/- acre estate.
There is a variety of zoning on the property to work with commercial, and residential, potential developments. With 2 accesses off of Marion Road, including 10-ton road and turn lanes, the property offers convenient accessibility. Furthermore, the potential to hook into sewer and water services adds to it's versatility. Currently, the property is served by 2 wells and 2 septic systems.
The location of this property is truly exceptional, with its proximity to Rochester's amenities and attractions. Whether you envision an RV park, warehouse, retail space, or any other venture, this property has the potential to bring your dreams to life. Don't miss out on this incredible opportunity to own a piece of real estate that offers a multitude of possibilities. Please contact LandProz Associate Broker & Agent Realtor®, Jen Busch at 507-923-7657 for more information regarding this property or to set up a showing!
Shop/Retail Warehouse dimensions:
• Entire building 106' x 50' [w/ garage door 16' x 9']
• 10' tall ceilings
• Cold room in back 15' x 50'
• Warehouse area 49' x 70'
• Front retail area 17' x 50'
• Bathrooms 14' x 12'
• Backwash room 10' x 24'
Old Radio Station dimensions:
• Upper level unfinished area 20' x 24'
• Lower level unfinished area 16' x 20'
• Framed up for bath, kitchen & living room
• Deck is 32' x 6.5' & 26' x 6.5'
Home on Property:
• Living room 15' x 17'
• Kitchen 10' x 15.5'
• Bedroom upper 12' x 10'
• Bathroom 5.5' x 8'
• Garage 14' x 21'
• Back entry/laundry 19' x 6'
Basement Area:
• Utility room 14' x 11.5'
• Family room 14' x 12'
• Back room [unlegal bedroom] 14' x 10'
• Bathroom 6' x 5'
• Front porch 39' x 6'
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Please contact LandProz Associate Broker & Agent Realtor®, Jen Busch at 507-923-7657 for more information regarding this property.
PROPERTY FEATURES
• 11.64 +/- Deeded Acres
• Income potential
• Renting potential
• Development potential
• House
• Commerical retail space
• Unfinished building [2 levels]
• 2 wells & 2 septics
• Great location in city limits
• 5 Individual parcels
• Real Estate taxes $13,038
