4590 Commercial DrRochester, MN 55902

For Sale
$1,100,000

2.46-acre commercial lot, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2.46-acre commercial land parcel presents a unique investment opportunity in southwest Rochester, Minnesota. Located at the new interchange of 48th Street SW and Highway 63, this property boasts unparalleled visibility and convenient access. The site is zoned LI - Light Industrial, offering flexibility for a variety of commercial and retail uses. Its strategic location places it adjacent to major retail establishments, including Target, Fleet Farm, Lowe's, Burlington Coat Factory, Kwik Trip, McDonald's, Caribou Coffee, Jiffy Lube, Toyota, and Mercedes dealerships, ensuring high traffic and strong consumer presence. Furthermore, the property benefits from its proximity to the renowned Mayo Clinic, currently undertaking a $5 billion expansion project in Rochester. This expansion is driving significant growth in the area, including rapid housing development, further enhancing the property's long-term value and potential. Built in 2007, this parcel offers immediate development potential in a thriving market. The 55902 zip code ensures easy access to a robust infrastructure and a strong local economy. Don't miss this chance to acquire a premier commercial property in a rapidly growing area.

Highlights

  • 2.46-acre commercial land parcel in southwest Rochester, MN.
  • LI Light Industrial zoning, allowing for flexible commercial and retail uses.
  • Prime location at the new 48th Street SW and Highway 63 interchange, offering high visibility and accessibility.
  • Strong surrounding retail presence including Target, Lowe's, and other major retailers.
  • Benefits from proximity to Mayo Clinic's $5 billion expansion project and resulting growth.
  • Built in 2007.

Property Details for 4590 Commercial Dr

Property type
Other land, Land
Lot Size (sq. ft)
107,158 SF

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
43.95546302
Longitude
-92.47067574
4590 Commercial Dr, Rochester, Minnesota

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4590 Commercial Dr
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