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Mixed-Use Commercial Opportunity | Downtown 113 N Broadway 16,635 SF 100% Leased Retail Building Rochester, MN 55906 $2,183,056 CAD ($131.23 CAD/SF)

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Investment Highlights

  • Retail & Multi-Family Potential
  • Onsite Parking (in back)
  • Turn Key Short Term Rental Opportunity
  • High Visibility
  • Blocks from Mayo Clinic
  • Located right on Broadway in Downtown Rochester, MN

Executive Summary

Strategically located directly on Broadway in the heart of Downtown Rochester, Minnesota, this versatile property offers premier visibility, making this an attractive business or investment opportunity. Its prime location, blocks from the Mayo Clinic campus, ensures a consistent flow of foot and vehicle traffic. The building is ready for a short-term rental now, with the flexibility to convert the upper level to multi-family and add retail on the ground floor. Rare onsite parking adds significant value and convenience, benefiting tenants and staff in a dense urban setting. Zoned to support a variety of uses, this site is perfectly positioned to capitalize on the city’s continued growth!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
16,635 SF
Year Built
1927
Price
$2,183,056 CAD
Price Per SF
$131.23 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.80
Lot Size
0.21 AC
Opportunity Zone
Yes

Amenities

  • 24 Hour Access
  • Signage
  • Storage Space
  • Air Conditioning
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Caribou Coffee
Dunn Brothers Coffee
Pure Barre
Old National Bank
U.S. Bank
Saladworks
Ruth's Chris Steak House
Hy-Vee
Ymca
Starbucks

Property Taxes

Property Taxes

Parcel Number
74.35.44.018053
Land Assessment
$708,947 CAD
Improvements Assessment
$519,022 CAD
Total Assessment
$1,227,969 CAD
  • Listing ID: 39661066

  • Date on Market: 2026-03-04

  • Last Updated:

  • Address: 113 N Broadway, Rochester, MN 55906

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