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Active
$799,000
/mo Edit
Lot/Land:  Lot/Land
1.47 acres
Rochester schools
MLS# 6588288
My rating:
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    Property Description

    Prime Commercial Real Estate Opportunity in Rochester, MN Location: Shoppes on Maine, Rochester, MN Lot Size: 64, 033 square feet Property Overview: Seize the opportunity to establish your business in a premier location at the entrance of the Shoppes on Maine. This expansive 64, 033 square foot corner lot is perfectly positioned for retail or lodging developments, offering unmatched visibility and access. Key Features: Proximity to Major Retailers: The lot is surrounded by renowned national retailers, including Target, Lowe's, PetSmart, Ross Dress for Less, Burlington Coat Factory, Maurices, Old Navy, and more. Additionally, well-known lodging options like La Quinta, Microtel, and Comfort Inn are nearby, adding to the appeal for potential customers. Thriving Restaurant Scene: The area boasts a variety of popular dining options, making it a lively destination for both locals and visitors. Nearby restaurants include Noodles & Company, Fat Willy's, Rooster's Too, and Caribou Coffee, offering a diverse range of dining experiences that draw consistent foot traffic. Signalized Intersection: The property is situated at a signalized intersection, ensuring high visibility and ease of access for your business. Direct Highway Access: Benefit from direct access to US Highway 63 via 48th Street SE/CR 20, connecting your business to the broader Rochester area and beyond. Completed Parking Lot: A fully completed parking lot on-site enhances the property’s functionality, making it convenient for both customers and employees. Why Choose This Location? With its strategic location and excellent access, this lot offers an exceptional opportunity for businesses looking to capitalize on the bustling commercial activity in the Shoppes on Maine area. Don’t miss out on securing this prime spot for your next retail or lodging venture!

    Listing

    Contingency: None
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Lot/Land
    Zip Code: 55904
    Subdivision Name: Maine Street Dev

    Exterior

    Road Responsibility: Public Maintained Road
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks

    Lot & Land

    Acres: 1.47
    Geolocation: 43.95352, -92.461756
    Inclusions: None
    Lot Dimensions: 285 x 235
    Restrictions: None
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

    School District: 535
    District Phone: 507-328-3000
    Elementary School: Bamber Valley
    Middle School: Willow Creek
    High School: Mayo

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $17,276
    Lender-owned: Not disclosed
    Assessment Pending: No
    Taxes w/ Assessments: $17,276
    Association Fee Required: No

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: Curbs, Paved Streets, Public Road
    Available Utilities:
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • None Connected
    • Sewer Available
    • Water Available

    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 Realty Growth Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.