16th Ave NW Commercial Potential – 432 16th Ave NW

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Address: 432 16th Ave NW, Rochester, MN 55901, USA
Created date: July 9, 2024
Date last updated: July 9, 2024

Property Description

Neighborhood: Located in a well-established residential neighborhood with a mix of retail properties nearby.
Land Description: This spacious 0.86-acre property offers ample space for your vision. Whether you’re considering residential development, commercial use, or a combination of both, this lot provides flexibility. The two parcels allow for creative possibilities, and the 4950 AADT ensures visibility and accessibility.
Building Information: The current structure is a tear-down, presenting a blank canvas for your project. Imagine the potential for a new residential complex, retail space, or mixed-use development. The choice is yours!
Neighborhood Highlights: The property is located in a well-established residential neighborhood, offering a sense of community and convenience. Residents enjoy proximity to parks, restaurants, and shopping centers. Additionally, the nearby retail district provides opportunities for businesses to thrive.

Prime Location: Close to amenities and major thoroughfares.Development Potential: Explore various options for land use.Visibility: High traffic volume ensures exposure.Investment Opportunity: Capitalize on the growing demand in this desirable area.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,200,000
Year Built: 1964
Lot Size: 0.86 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 432 16th Ave NW, Rochester, MN 55901, USA
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