218 1st AVE SW Coming Soon Save Request In-Person Tour Request Virtual Tour
Rochester,MN 55902
Key Details
Property Type Commercial
Sub Type Low Rise,Office
Listing Status Coming Soon
Purchase Type For Sale
Subdivision Original City Of Roch-Pt Torrens
MLS Listing ID 6674467
Year Built 1917
Annual Tax Amount $22,978
Tax Year 2024
Lot Size 3,049 Sqft
Property Sub-Type Low Rise,Office
Property Description
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 main-floor retail space is occupied by a thriving business that wishes to lease back, making it a turn-key opportunity for investors. 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!
Location
State MN
County Olmsted
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building
Exterior
Parking Features Off Site
Utilities Available Electric Separate,Heating Separate,Hot Water Separate
Roof Type Flat
Building
Story Two
Foundation 2640
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick Veneer
Schools
School District Rochester