236 5Th StRochester, MN 55901

For Sale
  • Commercial real estate
  • 1,564 SF

Property Details for 236 5Th St

Year built
1972
Lot size
0.16 AC
Property size (Sq ft)
1,564 SF
Property type
Commercial real estate
APN
74.35.42.054858
APU
743542054858

Description

This exceptional mixed-use property, located at 236 5th St NW in Rochester, Minnesota, presents a unique investment opportunity. The 1,564 square foot building, constructed in 1972, features a blend of office and warehouse space, ideal for a variety of uses. Situated on a 0.16-acre lot, the single-story structure is conveniently located near downtown Rochester. The property is zoned 3a Commercial, offering flexibility for potential business ventures. The building's convenient location provides easy access to the city's amenities and infrastructure. The seller is open to exploring creative financing options, including contract for deed arrangements, making this an attractive proposition for buyers seeking flexible payment terms. The property's APN is 74.35.42.054858. This is a rare chance to acquire a well-situated mixed-use property in a thriving Minnesota city. Don't miss this chance to own a piece of Rochester's commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $294,683
    Hospitality
    $269,928
    Educational
    $224,577
    Medical
    $232,301
    Retail
    $349,342
236 5Th St, Rochester, Minnesota

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.028
Longitude
-92.4674
CBSA code
40340
CBSA name
ROCHESTER, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,418
$92,000
$51,600
$143,600
-
$92,000
$51,600
$143,600

FAQs

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