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Active Contingent
$500,000
/mo Edit
Commercial:  Business Opportunity
Built 1998
9.29 acres
Rochester schools
MLS# 6487923
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    Property Description

    Commercial and Residential Real Estate in Rochester, Minnesota Welcome to this incredible opportunity to own a versatile property, offering endless possibilities for entrepreneurs and investors. Located in the City of Rochester, Minnesota, this property spans over 9.29 more or less acres and features a shop retail/warehouse building and an unfinished building. Currently used as a hobby car track store, this property is primed for a variety of creative ventures. Adjacent to the retail/warehouse building is an unfinished building, originally intended for a mother-in-law suite. Marion Road is a 10-ton road and turn lanes, the property offers convenient accessibility. See supplements for more!

    Listing

    Contingency: Inspection
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55904
    Subdivision Name: Auditors E

    Interior

    Ceiling Height: 8-10
    Ranges: One
    Refrigerators: One
    Basement Details:
    • Brick/Mortar
    • Partially Finished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 49x70
    Garage Size: 3,430 ft2
    Garage Door Height: 9
    Garage Door Width: 16
    Other Parking Spaces: 20
    Air Conditioning: Central Air
    Foundation Size: 5,300 ft2
    Foundation Dimensions: 106x50
    Handicap Accessible: Other
    Road Responsibility: Public Maintained Road
    Heating System:
    • Forced Air
    • Space Heater
    Parking Features:
    • Gravel
    • Parking Lot
    • RV Access/Parking
    Road Frontage: County Road
    Exterior Material: Metal Siding
    Roof Details: Metal

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Bear Creek
    DNR Lake ID#: S9990620
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Gradual
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront: Creek/Stream

    Lot & Land

    Acres: 9.29
    Geolocation: 43.9886835512, -92.4146859153
    Inclusions: Building, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 400 x 980
    Addl Parcels: 631723056617
    Zoning:
    • Business/Commercial
    • Other
    Lot Description:
    • Tree Coverage - Medium
    • Underground Utilities

    Farm

    Topography: Level

    Schools

    School District: 535
    District Phone: 507-328-3000

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $10,192
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,192

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Other
    • Retail
    • Storage Facility
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System:
    • City Sewer/Connected
    • Tank with Drainage Field
    Available Utilities:
    • Electric Separate
    • Hot Water Separate
    Water System: Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professional

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of LandProz Real Estate, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.