2015 3rd Street Southwest
- Preliminary Approved for 52-unit multifamily development
- Zoned MXT-COR
- Suited for apartment development
- Strong long-term income potential
- 8 Blocks from Mayo Clinic's Saint Mary's Campus
- 1 Block from the future link transit station
Property Description
This .46 acre multifamily development site is preliminary approved for 52 units studio and one-bedroom apartments. The site size and unit count support an efficient apartment project without overcomplicating design or execution. The preliminary approved building plans were designed within the MX-T Corridor zoning standards allowing for a favorable Type "S*" approval under the City of Rochester's Unified Development Code (UDC). This offering is well suited for investors seeking a clear, build-ready opportunity with long-term income potential.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,300,000 |
| No. of Units: | 52 |
| Lot Size: | 0.46 Acres |
| Opportunity Zone: | No |
| Price per unit: | $25,000 |
| Property Website | Click Here |
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