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307 E Center St 4,486 SF 100% Leased Office Building Rochester, MN 55904 $1,475,000 ($328.80/SF)
INVESTMENT HIGHLIGHTS
- Zumbro River waterfront property.
- Highly trafficked area.
- Panoramic views.
EXECUTIVE SUMMARY
A rare opportunity to own this waterfront property on the Zumbro River in downtown Rochester. The building offers over 4000 square feet of space on .31 acres with great panoramic views. Across the street from the Civic Center with great walkability to downtown and high traffic street exposure. The building offers 2 levels with space to lease out private office's if someone chooses or expand out for a larger space, has 22 on site parking spots with room for more. Not very often will you find this type of property on the Zumbro River that can offer so many possibilities and great river views in downtown Rochester.
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PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,486 SF
Building Class
C
Year Built
1965
Price
$1,475,000
Price Per SF
$328.80
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,243 SF
Building FAR
0.33
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Parking
22 Spaces (4.9 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 74.36.33.057408 | Improvements Assessment | $135,000 |
| Land Assessment | $723,600 | Total Assessment | $858,600 |
PROPERTY TAXES
Parcel Number
74.36.33.057408
Land Assessment
$723,600
Improvements Assessment
$135,000
Total Assessment
$858,600
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307 E Center St
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