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Maine Ave
Rochester, MN 55904
Multifamily Development Opportunity · Land For Sale
·
1.01 AC
Investment Highlights
- Convenient Access to Downtown Rochester & Mayo Clinic
- Zoned R-3 Residential, providing a strong opportunity for multifamily residential development in an established and growing area of Rochester.
Executive Summary
1.01 Acres – Located in the desirable Gardens area, offering a growing location with excellent access to Rochester’s major employment, retail, and recreational amenities.
Zoned R-3 Residential, providing a strong opportunity for multifamily residential development in an established and growing area of Rochester.
Positioned directly next to a planned regional recreational destination, offering the potential for increased activity, visibility, and long-term appeal.
Convenient Access to Downtown Rochester & Mayo Clinic
Surrounded by established residential neighborhoods and continued development, this site offers an opportunity to capitalize on Rochester’s ongoing growth and demand for housing.
Zoned R-3 Residential, providing a strong opportunity for multifamily residential development in an established and growing area of Rochester.
Positioned directly next to a planned regional recreational destination, offering the potential for increased activity, visibility, and long-term appeal.
Convenient Access to Downtown Rochester & Mayo Clinic
Surrounded by established residential neighborhoods and continued development, this site offers an opportunity to capitalize on Rochester’s ongoing growth and demand for housing.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.01 AC |
| Property Type | Land | Cross Streets | Orchid Road SE |
| Property Subtype | Commercial | ||
| Zoning | Commercial - Zoned R-3 Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.01 AC |
| Cross Streets | Orchid Road SE |
| Zoning | Commercial - Zoned R-3 Residential |
1 Lot Available
Lot
| Price | $470,000 | Lot Size | 1.01 AC |
| Price Per AC | $466,732.87 |
| Price | $470,000 |
| Price Per AC | $466,732.87 |
| Lot Size | 1.01 AC |
Property Taxes
| Parcel Number | 64.25.22.078542 | Improvements Assessment | $0 |
| Land Assessment | $219,300 | Total Assessment | $219,300 |
Property Taxes
Parcel Number
64.25.22.078542
Land Assessment
$219,300
Improvements Assessment
$0
Total Assessment
$219,300
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