319 - 325 Broadway Avenue S, Rochester, MN 55902
New Listing
$1
Property Type:
Commercial
Lot Size (sq. ft.):
18,295
Status:
Active
Current Price:
$1
List Date:
6/05/2026
Last Modified:
6/05/2026
Overview
Description
...
(Read more)
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
Listing Details MLS# 7087605
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- Yes
- Other Parking Spaces
- 20
- Waterfront Present
- 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
- Garage Stalls
- 0
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
- Assessment Balance
- 0
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
- Building Sign
- Yes
- Display Window
- Yes
- Pole Sign
- Yes
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 14
- Section#
- 2
- Township#
- 106
Sale Options
- Sale Includes
- Building
Unit Details
- Total Units
- 4
Office/Member Info
- Association
- SEMR
Location, Tax and Other Information
- Legal Description
- SECT-02 TWP-106 RANGE-014 MOE AND OLDS ADD-PT TORRENS LOT-001 BLOCK-010 LOT 1 BLK 10
- Listing City
- Rochester
- Map Page
- 999
- Municipality
- Rochester
- School District
- Rochester
- School District Phone
- 507-328-3000
- Zip Plus 4
- 3340
- Property ID Number
- 640211014304
- Tax Year
- 2024
- Tax Amount
- 83779.34
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- Not disclosed
Directions & Remarks
- Public Remarks
- 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
- Directions
- Located on the corner of S Broadway Ave and 4th St SE
Accessible
- Partially Wheelchair
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick Veneer
- Yes
Foundation
- Permanent
- Yes
- Stone
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Lot Description
- Corner Lot
- Yes
- Public Transit (w/in 6 blks)
- Yes
Parking Characteristics
- Parking Lot
- Yes
Road Frontage
- City Street
- Yes
- Curbs
- Yes
- Paved Streets
- Yes
- Sidewalks
- Yes
- Storm Sewer
- Yes
- Street Lights
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Roof
- Flat
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Three Or More
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Separate
- Yes
- Heating Separate
- Yes
- Hot Water Separate
- Yes
CMU Style
- Apartments and Retail
- Yes
- Attached Building
- Yes
Current Use
- Commercial
- Yes
- Office
- Yes
- Residential
- Yes
- Retail
- Yes
Listing Office:
Realty Growth Inc.
Last Updated: June - 05 - 2026
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