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Listed price in listed location currency (USD).
$3,800,000

000

MLS® 6757540

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $83,779
Days Active 142
Approx. Age 1885
MLS® Number 6757540

Property Address: 319 Broadway Avenue S, Rochester, MN, 55902

Average square foot calculated using Size range provided by listing agent.

Description

Positioned on one of Downtown Rochester’s premier intersections—Broadway & 4th Street South—this property presents a compelling opportunity for investors seeking either steady in-place cash flow or a high-potential redevelopment opportunity. Ideally situated just 0.3 miles from the heart of the Mayo Clinic campus and 0.2 miles from the rapidly expanding University of Minnesota Rochester, the property benefits from proximity to two of the city's most influential institutions. Located in Rochester’s highly walkable Historic District and zoned MXD-BUS—Rochester’s most intensive development classification—this site is uniquely positioned to meet the city’s growing demand for housing, retail, and mixed-use spaces. While parceling the property is possible, the combined footprint represents a rare chance to reimagine a significant section of downtown. No other available site matches its scale, zoning, and proximity to Rochester’s key economic drivers. Property Highlights -Significant Redevelopment Opportunity -Current Cash Flow -On-Site Parking -Newly Renovated Spaces -Central Downtown Location -Retail & Multi-Family Potential - 0.2 Miles to UMR Campus - 0.3 Miles to Mayo Clinic
MLS® Number6757540
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1885
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 24, 2025List Date
$3,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
319 Broadway Avenue S, Rochester, MN

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