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4th & Broadway Redevelopment Opportunity 3 Properties Offered at $3,800,000 in Rochester, MN
INVESTMENT HIGHLIGHTS
- Significant Redevelopment Opportunity
- On-Site Parking
- Retail & Multi-Family Potential
- Current Cash Flow
- Central Downtown Location
- 0.2 Miles to UMR Campus / 0.3 Miles to Mayo Clinic
EXECUTIVE SUMMARY
Positioned on one of Downtown Rochester’s premeir intersections—Broadway & 4th Street South—this property presents a compelling opportunity for investors seeking either steady in-place cash flow or a high-potential redevelopment project. Ideally situated just 0.3 miles from the heart of the Mayo Clinic campus and 0.2 miles from the rapidly expanding University of Minnesota Rochester, the property benefits from proximity to two of the city's most influential institutions. Located in Rochester’s highly walkable Historic District and zoned MXD-BUS—Rochester’s most intensive development classification—this site is uniquely positioned to meet the city’s growing demand for housing, retail, and mixed-use spaces. While parceling the property is possible, the combined footprint represents a rare chance to reimagine a significant section of downtown. No other available site matches its scale, zoning potential, and proximity to Rochester’s key economic drivers.
PROPERTY FACTS
| Price | $3,800,000 | Number of Properties | 3 |
| Price / SF | $183.15 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 20,748 SF |
| Status | Active | Total Land Area | 0.36 AC |
| Price | $3,800,000 |
| Price / SF | $183.15 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 20,748 SF |
| Total Land Area | 0.36 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 319 Broadway Ave S, Rochester, MN 55904 | Multifamily | 8,250 SF | 1875 | - |
| 323 S Broadway, Rochester, MN 55904 | Office | 5,500 SF | 1885 | - |
| 325 S Broadway, Rochester, MN 55904 | Retail | 6,998 SF | 1885 | - |
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4th & Broadway Redevelopment Opportunity
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