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319 - 325 Broadway S Avenue
Rochester, MN 55902

Price
$3,800,000

MLS #
6757540

Status
Active

Built in 1885

29,108 Sq Ft

Olmsted County

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

School District
Rochester

2024 Property Taxes
$83,779

Directions
Located on the corner of S Broadway Ave and 4th St SE

Zoning
Business/Commercial Zone

Features


Utilities
Electric Separate,Heating Separate,Hot Water Separate

Heating
Forced Air

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
Matthew Gove of Realty Growth Inc.

Listed
07/24/25 and last updated 07/25/25

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