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

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 432 16th Ave NW, Rochester, MN 55901, USA
Created date: July 9, 2024
Date last updated: January 23, 2025
  • 4950 AADT (Average Annual Daily Traffic) on 16th Ave NW
  • Versatile shell space ready for residential, commercial, or mixed-use development.
  • Convenient location near parks, restaurants, and shopping centers for a dynamic community feel.
  • Exceptional investment opportunity in a high-demand area with endless potential.

Property Description

Unlock the Potential! Discover this prime property that once housed a popular restaurant, now cleared and transformed into a versatile shell space, ready for your creative vision. Located in an established residential neighborhood surrounded by a vibrant mix of retail, this lot offers endless possibilities for residential, commercial, or mixed-use development.Land Description: This property consists of two parcels (0.86 Acres), providing exceptional flexibility for your project. With a high visibility rate of 4,950 AADT, you’ll benefit from easy access and strong exposure, making it an ideal spot for your next venture.Building Information: The existing structure can be repurposed to suit your needs or torn down to make way for your vision. Whether you envision a modern residential complex, a vibrant retail hub, or an innovative mixed-use space, the canvas is yours to design!Neighborhood Highlights: Residents will appreciate the convenience of nearby parks, restaurants, and shopping centers, creating a dynamic environment that attracts both visitors and locals. This prime location is set to become a thriving hub for future success.Investment Opportunity: Don’t miss out on this exceptional chance to capitalize on the growing demand in this desirable area. Your vision can take shape here—transform this clean, ready-to-develop space into something extraordinary!

Key Property Information

Listing Status: Unavailable
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
Provided by:

Similar Properties in the Area

1315 Bowen Court

Madison, Wisconsin
Chicago & Midwest + Apartment Buildings
Units: 1
Price: $425,000

116 West Douglas Street

Oneill, Nebraska
Chicago & Midwest + Apartment Buildings
Price: $295,000

10609 Lamontier Avenue

Cleveland, Ohio
Chicago & Midwest + Apartment Buildings
Price: $135,000

Brokers

View All

Lenders

View All

Management

View All