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Active
$1,750,000
/mo Edit
Commercial:  Office
Built 1965
0.31 acres
Rochester schools
MLS# 6445634
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    Property Description

    A rare opportunity to own this waterfront property on the Zumbro River in downtown Rochester. The building offers over 4000 square feet of space on .31 acres with great panoramic views. Across the street from the Civic Center with great walkability to downtown and high traffic street exposure. The building offers 2 levels with space to lease out private office's if someone chooses or expand out for a larger space, has 22 on site parking spots with room for more. Not very often will you find this type of property on the Zumbro River that can offer so many possibilities and great river views in downtown Rochester.

    Listing

    Contingency: None
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Office
    Zip Code: 55904
    Subdivision Name: City Lands

    Interior

    Ranges: One
    Refrigerators: One
    Appliances Included:
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer

    Exterior

    Stories: Two
    Other Parking Spaces: 22
    Air Conditioning: Central Air
    Foundation Size: 2,243 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Forced Air
    Parking Features:
    • Asphalt
    • Open
    • Paved
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Other
    Roof Details: Flat

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Zumbro
    Waterfront View: River
    DNR Lake ID#: 55000400
    Lake Chain Name: N
    Lake Acres: 714
    Lake Depth: 43
    Waterfront: River Front

    Lot & Land

    Acres: 0.31
    Geolocation: 44.023742, -92.458282
    Inclusions: Building, Land
    Lot Dimensions: Irreg
    Zoning: Business/Commercial
    Lot Description: Irregular Lot

    Schools

    School District: 535
    District Phone: 507-328-3000

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $24,774
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $24,774

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.