REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,000,000
Est. payment /mo
Active
102 20th ST SE Rochester, MN 55904
0.51 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Garden Acres
MLS Listing ID 7102045
Year Built 2007
Annual Tax Amount $49,770
Tax Year 2025
Contingent None
Lot Size 0.508 Acres
Lot Dimensions 145x154
Property Description
Realty Growth Inc. is pleased to present the exclusive opportunity to acquire Broadway Corner Plaza, a premier 100% occupied, 7,626-square-foot retail strip center located in the high-growth commercial corridor of South Rochester, Minnesota.
?Priced at $2,000,000, this asset offers an incoming investor immediate stability paired with an attractive 6.45% entry Cap Rate. The property features a strong mix of internet-resistant retail, medical, and dining tenants on a stable lease structure where operational inflation is heavily mitigated through consistent CAM pass-throughs.
?Priced at $2,000,000, this asset offers an incoming investor immediate stability paired with an attractive 6.45% entry Cap Rate. The property features a strong mix of internet-resistant retail, medical, and dining tenants on a stable lease structure where operational inflation is heavily mitigated through consistent CAM pass-throughs.
Location
State MN
County Olmsted
Zoning Business/Commercial
Interior
Heating Forced Air
Inclusions Building
Fireplace No
Exterior
Parking Features Parking Lot, Paved Lot
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Present Use Commercial
Building
Foundation 7719
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Rochester
Listed by Dylan Carty • Realty Growth Management Inc.