1024 Broadway Avenue N, Rochester, MN 55906 - Photo 1

Save This Listing

1/21

View All Photos

$3,500,000

For Sale
Active
Commercial
6,428 Sq. Ft.

See This Home

Save This Listing

1/21

Property Description

Excellent opportunity to invest in this multi parcel portfolio right on North Broadway, the gateway to Destination Medical Center! This five-parcel portfolio consists of various businesses, easy access to public transportation, ample parking and a fantastic location just blocks from Silver Lake. Three of the parcels are right on Broadway and the two additional parcels are connected directly behind it. The parcels are accessible from three streets: 10th Street NE, 11th Street NE- both connecting to Broadway Avenue. Rare opportunity for endless commercial possibilities!

Full Property Details

Full Property Details for 1024 Broadway Ave N

General

Price: $3,500,000
Taxes: $46,514 (2022)
Status: Active
Type: Commercial
Source: NorthStarMLS_RMLS
MLS ID: 6343078
Updated: 8/15/2024
Added to Site: 698 day(s) ago

Parking

Garage: Yes
Garage Spaces: 4
Parking Features: Detached

Location

County: Olmsted
Subdivision: Northern Add
Driving Directions: From highway 52 exit 56C for Elton Hills Dr keep left at the fork, slight left onto 19th St NW/Elton HIlls drive, turn right onto Assisi Drive, turn left onto 14th St NW, turn right onto Broadway Ave turn left onto 11th Street NE Turn Right.

School Information

School District: 535 - Rochester
High School District: Rochester

Heating & Cooling

Heating Type: Forced Air
Heating Fuel: Natural Gas

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)
Utility Description: Electric Separate, Heating Separate

Structural Information

Exterior Const.: Aluminum Siding
Foundation Size: 3436
Disability Access: None
Square Feet: 6,428
Finished Down/Base.: 6,428 Sq. Ft.
Current Bldg. Use: Automotive, Commercial, Residential, Restaurant
Year Built: 1966

Lot Features

Lot Dimensions: 268 x 125/206 x 56
Zoning: Business/Commercial, Other

Financial Considerations

Tax Amount: $46,514
Tax Year: 2022

Disclosures and Reports

Legal Description: SECT-35 TWP-107 RANGE-014 NORTHERN ADD LOT-005 BLOCK-035 LOTS 5 AND 6 BLK 35
Inclusions: Building, Land, Leases, Rental License
Property ID: 743511016058

Listed by RE/MAX Results

Quickly Find Out More

* Indicates a required field

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Comment optional

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking SUBMIT, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.

We Value Your Privacy

Listing agent

— 1024 Broadway Ave N —

RE/MAX Results

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools

Schools serving 1024 Broadway Ave N

Name	Grades	Distance
Jefferson Elementary School, Rochester, MN 1201 10th Ave Ne, Rochester, MN 55906	PK-5	0.6 mi
Washington District-Wide Elementary School 1200 11th Ave Nw, Rochester, MN 55901	K-5	0.8 mi
Hoover Elementary School, Rochester, MN 369 Elton Hills Dr Nw, Rochester, MN 55901	3-5	1 mi
Kellogg Middle School 503 17th St Ne, Rochester, MN 55906	6-8	0.6 mi
Friedell District-Wide Middle School 1200 Broadway Ave S, Rochester, MN 55904	6-8	1.9 mi
John Adams Middle School 1525 31st St Nw, Rochester, MN 55901	6-8	2 mi
John Marshall Senior High School 1510 14th St Nw, Rochester, MN 55901	9-12	1.1 mi
Career and Technical Education Center At Heinz 2130 College View Rd E, Rochester, MN 55904	11-12	1.6 mi
Mayo Senior High School 1420 11th Ave Se, Rochester, MN 55904	9-12	2.3 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1024 Broadway Ave N Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/14/2023

Listed

$3,500,000

677.78%

MLS

12/26/2018

Sold

$450,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1024 Broadway Ave N

Year

Property Taxes

Change

Tax Assessment

Change

2023

$11,876

-10%

$453,300

—

2021

$13,132

17%

$453,300

20%

2020

$11,208

-1%

$377,700

—

2019

$11,308

-8%

$377,700

—

2017

$12,314

—

$377,700

14%

2017

$12,314

11%

$330,500

—

2016

$11,066

—

$330,500

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 1024 Broadway Ave N

1024 Broadway Avenue N, Rochester, MN 55906 (MLS# 6343078) is a Commercial property. 1024 Broadway Avenue N is currently listed for $3,500,000 and was received on March 14, 2023. Want to learn more about 1024 Broadway Avenue N? Do you have questions about finding other Commercial real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.

Tour this property

1024 Broadway Ave N Rochester, MN 55906