REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Jan

Sun

Jan

Mon

Jan

Melissa Rebollo

melissa@melissarebollo.com +1(507) 210-8075

$ 3,800,000

Est. payment -/mo

Save

Active

319 - 325 Broadway AVE S Rochester, MN 55902

0.42 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Moe & Olds Add-Pt Torrens

MLS Listing ID 6757540

Year Built 1885

Annual Tax Amount $83,779

Tax Year 2024

Contingent None

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 140x130

Property Sub-Type Mixed Use

Property 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

Location

State MN

County Olmsted

Zoning Business/Commercial

Interior

Heating Forced Air

Inclusions Building

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Flat

Present Use Commercial,Office,Residential,Retail

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot

Story Three Or More

Foundation 12880

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick Veneer

Schools

School District Rochester

Listed by Matthew Gove • Realty Growth Inc.

SCHOOLSPROPERTIES

Elementary Schools 20

8

Montessori at Franklin

Public | KG - 5
7

Washington Elementary School

Public | KG - 5
6

Folwell Elementary School

Public | PK - 5
6

Lincoln K-8 Choice Elementary School

Public | KG - 8
6

Pinewood Elementary School

Public | PK - 5
5

Sunset Terrace Elementary School

Public | PK - 5
5

Hoover Elementary School

Public | 3 - 5
5

Rochester Math and Science Academy

Public | KG - 8
5

Jefferson Elementary School

Public | PK - 5
5

Longfellow Choice Elementary School

Public | PK - 5
4

Bamber Valley Elementary School

Public | PK - 5
4

Gage Elementary School

Public | PK - 5
2

Riverside Central Elementary School

Public | PK - 5
1

Elton Hills Elementary School

Public | KG - 5
1

Franklin Elementary School

Public | PK - 5
0

Primrose School of Rochester

Private | PK - KG
0

St Pius X School

Private | PK - 4
0

Rochester Central Lutheran School

Private | PK - 8
0

Ambassador Academy

Private | KG - 6
0

Rochester Arts & Sciences Academy

Private | PK - 5

Middle Schools 9

10

Friedell Middle School

Public | 6 - 8
7

Mayo Senior High School

Public | 8 - 12
7

Century Senior High School

Public | 8 - 12
6

Willow Creek Middle School

Public | 6 - 8
5

John Marshall Senior High School

Public | 8 - 12
5

Kellogg Middle School

Public | 6 - 8
4

John Adams Middle School

Public | 6 - 8
0

Area Learning Center Summer Credit Recovery

Public | 6 - 12
0

Esc Area Learning Center

Public | 6 - 12

High Schools 7

1

Rochester Off-Campus Charter High School

Public | 9 - 12
1

Rochester STEM Academy

Public | 9 - 12
0

Lourdes High School

Private | 9 - 12
0

Transition to Adult Program

Public | 11 - 12
0

Credit Recovery

Public | 9 - 12
0

Hawthorne Diploma Program

Public | 9 - 12
0

Transitions Learning Center

Public | 12 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

We respect your privacy! Your information WiLL NOT BESHARED,SOLD, or REMTED to anyone, for any reasonoutside the course of normalreal ostate exchange,Bysubmitting, you agree to our Terms of Use and PrlvacyPolicy.

Melissa Rebollo

Agent

+1(507) 210-8075 | melissa@melissarebollo.com

Melissa Rebollo

319 - 325 Broadway AVE S Rochester, MN 55902

Key Details

Location

Interior

Exterior

Building

Schools

GET MORE INFORMATION

Go tour this home

319 - 325 Broadway AVE S