273 Penny Lane NE, Rochester, MN 55906 (MLS# 7152214)

273 Penny Lane NE, Rochester, MN 55906

New Listing
$3,995,000
Property Type: Commercial Lot Size (sq. ft.): 73,616 Status: Active
Current Price: $3,995,000 List Date: 9/29/2026 Last Modified: 9/29/2026

Overview

Description

This property is in the perfect location for a storage building. So many options: rent it to someone for straight storage, or to a client for their classic car or other toys. Each storage unit can have a future bath and loft. Great property to rent out as you see fit for the market. Great NE location and in an almost brand-new building.

Listing Details MLS# 7152214

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
2022
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
29370
Garage Stalls
32
For Sale or Lease
For Sale
Acres
1.69
Lot Dimensions
Irreg
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Security Building Basement: None CMU Style: Storage Unit; Warehouse Construction Materials: Frame Construction Status: Previously Owned Current Use: Storage Facility Exterior: Metal Fencing: None Flooring: Concrete Slab Foundation: Concrete Block Fuel: Natural Gas Heating: In-Floor Heating Location Description: Free Standing Lock Box Type: None Lot Description: Irregular Lot; Public Transit (w/in 6 blks) On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Overhead Door Clearance: 10-14 Feet Parking Characteristics: Multiple Garages; Driveway - Shared; Floor Drain; Garage Door Opener; Heated Garage; Insulated Garage; Storage; Unassigned Potential Use: Professional; Shop; Warehouse Rent Rate per Foot: Per Foot Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Township Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Topography: Level Wall Description: Metal Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
3995000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
273
Street Name
Penny
Street Suffix
Lane
Street Direction Suffix
NE
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55906
Complex/Dev/Subdivision
Roadhouse Motor Condos Cic #389

Assessments

Tax With Assessments
12767

Building Information

Building Finished SqFt
29370
Ceiling Height
16-20

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
29370

Public Survey Info

Range#
14
Section#
23
Township#
107

Sale Options

Sale Includes
Building, Land

Unit Details

Total Units
32
IDX
Listing Office: Re/Max Results
Last Updated: September - 29 - 2026
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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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