319 – 325 Broadway Avenue S, Rochester, MN 55902 (MLS# 7087605)

319 - 325 Broadway Avenue S, Rochester, MN 55902

$1
Property Type: Commercial Lot Size (sq. ft.): 18,295 Status: Active
Current Price: $1 List Date: 6/05/2026 Last Modified: 9/02/2026

Overview

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 -Si ...

Listing Details MLS# 7087605

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
20
Waterfront YN
No
Year Built
1885
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
12880
For Sale or Lease
For Sale
Acres
0.42
Lot Dimensions
140x130
Assessment Pending
Unknown

Property Features

Accessible: Partially Wheelchair CMU Style: Apartments and Retail; Attached Building Construction Status: Previously Owned Current Use: Commercial; Office; Residential; Retail Exterior: Brick Veneer Foundation: Permanent; Stone Fuel: Natural Gas Heating: Forced Air Lot Description: Corner Lot; Public Transit (w/in 6 blks) Miscellaneous Information: Building Sign; Display Window; Pole Sign On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Flat Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

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

Location Tax and Other Information

House Number
319 - 325
Street Name
Broadway
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55902
Complex/Dev/Subdivision
Moe & Olds Add-Pt Torrens

Additional Parcels Information

Property ID #2
640211014307
Property ID #3
640211014306,640211014305

Assessments

Tax With Assessments
85821.12

More Information

Basement

Foundation Dimensions
140x92

Building Information

Building Finished SqFt
29108
Ceiling Height
11-15

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
14
Section#
2
Township#
106

Sale Options

Sale Includes
Building

Unit Details

Total Units
4
IDX
Listing Office: Realty Growth Inc.
Last Updated: September - 02 - 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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