280 Penny LnRochester, MN 55906

For Sale
$849,900

3+ Acre Lot, Utilities Connected, Ready to Build

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 3.03-acre commercial lot, located at 280 Penny Ln NE in Rochester, Minnesota (55906), presents a unique development opportunity. Zoned for commercial use, this property boasts a substantial 131,840 square feet of land, offering ample space for a variety of commercial ventures. The APN is 742314083636. Situated in Olmsted County, this land benefits from its strategic location near established retail and residential areas, ensuring high visibility and accessibility. The property's proximity to 37th St NW, a major thoroughfare with a daily traffic count of 23,300 vehicles, further enhances its commercial potential. All utilities are already connected, eliminating significant upfront costs and expediting the development process. A completed parking lot is also in place, adding immediate value and convenience. This ready-to-build site is priced at $849,900 and is ideal for commercial or mixed-use development, offering investors a compelling opportunity to capitalize on Rochester's thriving economy and prime location.

Highlights

  • Over 3-acre land parcel
  • Excellent 37th St NW location
  • Ample on-site parking available

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.058371
Longitude
-92.460709
280 Penny Ln, Rochester, Minnesota

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280 Penny Ln
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