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307 E Center St 4,486 SF 100% Leased Office Building Rochester, MN 55904 $1,390,000 ($309.85/SF)
Investment Highlights
- Waterfront
- High traffic exposure
- Heart of Downtown Rochester
Executive Summary
Experience a rare opportunity to secure a premier waterfront property on the Zumbro River in the heart of downtown Rochester. This versatile 4000+ sq. ft. building sits on a prime .31-acre lot, offering stunning panoramic views and unmatched visibility. Located directly across from the Civic Center, the property boasts high-traffic exposure and exceptional walkability. With two levels of flexible space, 22 on-site parking spots and the potential for private office leasing or a full-scale expansion, this is a truly unique find in an unbeatable downtown setting.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,486 SF
Building Class
C
Year Built
1965
Price
$1,390,000
Price Per SF
$309.85
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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Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Very bikeable
80/100
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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