$1,755,000
Rochester, MN 55904
MLS# 6572158
Status: Closed
1 / 63
Property Description
Property Overview: Building Type: Light Industrial or Office Status: 1 tenant currently occupying Parking: Ample on-site parking Land: Will need to be re-platted upon sale Available Space: Suite 100 (1st Floor): 23,378 SF available Suite 200 (2nd Floor): 23,378 SF available (currently occupied by a charter school, available 11/1/24) Ideal For: - Light Manufacturing - Warehousing and Distribution - Commercial Services - Industrial Operations Features and Benefits: Versatile Use: Previously used for light industrial purposes, this property is well-suited for a range of industrial and commercial applications. Tenant Income: The existing tenant provides income while leaving significant space available for new ownership use or additional leasing opportunities. Ample Parking: On-site parking available for employees, clients, and visitors. Prime Location: Located on Marion Road, with easy access to major transportation routes and key business hubs in Rochester, MN. Development Potential: The land requires re-platting, offering an excellent opportunity to customize and develop according to specific business needs.
Details
Maps
Contract Information
Digitally Altered Photos: No
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2024-10-30
Current Price: $1,755,000
Closed Date: 2024-12-26
Sales Close Price: 1755000
Contingency: None
ListPrice: 3500000
List Date: 2024-07-19
Office/Member Info
Association: SEMR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 30
Owner Occupied: No
Year Built: 1977
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Industrial
Lot Dimensions: 639x1291
Acres: 12.09
Foundation Size: 70050
Garage Stalls: 0
For Sale or Lease: For Sale
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: SECT-17 TWP-106 RANGE-013 CITY LANDS 106-13-17 12.09 AC TH PT S1/2 NE1/4 DES AS COM AT SECOR TH W 1150FT TH N33FT FOR PL OF BEG TH W154.35FT TH NW AL N R-O-W T H 52 535.85FT TH NE 124.83FT TH E190.58FT TH N938.31FT TO N LINE S1/2 NE1/4 TH SE385.66FT TH S1288.25FT TO
Listing City: Rochester
Map Page: 999
Municipality: Rochester
School District: Rochester
School District Phone: 507-328-3000
Zip Plus 4: 5999
Property ID Number: 631713035873
Tax Year: 2023
Tax Amount: 100742
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Property Overview:
Building Type: Light Industrial or Office
Status: 1 tenant currently occupying
Parking: Ample on-site parking
Land: Will need to be re-platted upon sale
Available Space:
Suite 100 (1st Floor): 23,378 SF available
Suite 200 (2nd Floor): 23,378 SF available (currently occupied by a charter school, available 11/1/24)
Ideal For:
- Light Manufacturing
- Warehousing and Distribution
- Commercial Services
- Industrial Operations
Features and Benefits:
Versatile Use: Previously used for light industrial purposes, this property is well-suited for a range of industrial and commercial applications.
Tenant Income: The existing tenant provides income while leaving significant space available for new ownership use or additional leasing opportunities.
Ample Parking: On-site parking available for employees, clients, and visitors.
Prime Location: Located on Marion Road, with easy access to major transportation routes and key business hubs in Rochester, MN.
Development Potential: The land requires re-platting, offering an excellent opportunity to customize and develop according to specific business needs.
Directions: Traveling East on Hwy 14 turn left on Marion Road. Continue down Marion Road for approximately 4 miles. You will find this property on the East side of the road.
Accessible
None: 1
Air Conditioning
Central Air: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 100742
Building Information
Building Finished SqFt: 58131
Building SqFt: 58131
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Financing Terms
Other: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Cleared: 1
Public Transit (w/in 6 blks): 1
Miscellaneous Information
Delivery Door: 1
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Parking Lot: 1
Public Survey Info
Range#: 13
Section#: 17
Township#: 106
Road Frontage
City Street: 1
Paved Streets: 1
Road Responsibility
Public Maintained Road: 1
Sale Options
Sale Includes: Other
Sewer
City Sewer/Connected: 1
Unit 1
Leased?: No
Level: Main Level
Unit Number: 1
Unit Total SqFt: 22500
Unit Details
Total Units: 12
Water
City Water/Connected: 1
On Site Utilities
Electric Separate: 1
Heating Separate: 1
Hot Water Separate: 1
CMU Style
Freestanding: 1
Industrial: 1
Mixed Use: 1
Current Use
Manufacturing: 1
Office: 1
Location Tax and Other Information
House Number: 2450
Street Name: Marion
Street Suffix: Road
Street Direction Suffix: SE
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55904
Complex/Dev/Subdivision: City Lands
Property Features
Accessible: None
Air Conditioning: Central Air
CMU Style: Freestanding; Industrial; Mixed Use
Construction Status: Previously Owned
Current Use: Manufacturing; Office
Exterior: Brick/Stone
Financing Terms: Other
Fuel: Natural Gas
Heating: Forced Air
Lot Description: Cleared; Public Transit (w/in 6 blks)
Miscellaneous Information: Delivery Door
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Parking Lot
Road Frontage: City Street; Paved Streets
Road Responsibility: Public Maintained Road
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: Realty Growth Inc.
Last Updated: August - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.