872 7th Street NW, Rochester, MN 55901

$14
Property Type: Commercial Lot Size (sq. ft.): 58,370 Status: Closed
Current Price: $14 List Date: 2/07/2024 Last Modified: 8/07/2025

Overview

Description

Explore prime retail spaces in a vibrant NW Rochester strip center anchored by Ye Olde Butcher Shoppe, just 1.6 miles from downtown. With easy access to Civic Center Drive and HWY 52, these spaces are perfect for businesses seeking high visibility, benefiting from a daily traffic count of 10,000 cars. Seize signage opportunities on the building and pole sign. Suite 894- Discover a versatile 1000 sqft office space with three offices, a spacious reception area, and ample natural light. Ideal for various businesses, it effortlessly transitions to a retail setting, offering a well-designed and adaptable environment. Suite 898 - A spacious 2850 sqft commercial space, featuring a large kitchen with ample storage and a hood, a private office, and a cozy seating area. Abundant natural light enhances the inviting atmosphere through large display windows, making it a perfect fit for a range of businesses. Landlord requires a lease minimum of 36 month.

Listing Details MLS# 6486521

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
40
Year Built
1946
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
22500
Power Company
Rochester Public Utilities
For Sale or Lease
For Lease
Acres
1.34
Lot Dimensions
173 x 321
Garage Stalls
0

Property Features

Accessible: No Stairs External; No Stairs Internal; Partially Wheelchair Air Conditioning: Central Air CMU Style: Retail/Shopping Center Construction Materials: Block Construction Status: Previously Owned Current Use: Commercial; Food Service; Office Exterior: Brick/Stone Fuel: Natural Gas Heating: Forced Air Lease Details: Triple Net Location Description: Free Standing Lot Description: Public Transit (w/in 6 blks) Miscellaneous Information: Alley; Display Window On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot Potential Use: Lounge/Bar; Office; Restaurant; Retail Road Frontage: City Street; Curbs; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Wood Shingles Sewer: City Sewer/Connected Water: City Water/Connected Window Features: Display Window(s)

Contract Information

Digitally Altered Photos
No
Off Market Date
2024-10-03
Closed Date
2024-10-01
Sales Close Price
14
Original List Price
14
Contingency
None
ListPrice
14
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
872
Street Name
7th
Street Suffix
Street
Street Direction Suffix
NW
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55901
Complex/Dev/Subdivision
Hrb Sub

Assessments

Tax With Assessments
33010
Assessment Balance
0

Building Information

Building Finished SqFt
22500
Building SqFt
22500
Ceiling Height
11-15

More Information

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Square Foot
Triple Net
Yes

Miscellaneous Information

Homestead
No
Alley
Yes
Display Window
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
14
Section#
35
Township#
107

Sale Options

Sale Includes
Other

Unit Details

Total Units
Yes

Office/Member Info

Association
SEMR
MLSID
RMLS

Location, Tax and Other Information

Legal Description
SECT-35 TWP-107 RANGE-014 HRB SUBDIVISION LOT-001 BLOCK-001 LOT 1 BLK 1
Listing City
Rochester
Map Page
999
Municipality
Rochester
Rental License?
No
School District
Rochester
School District Phone
507-328-3000
Zip Plus 4
2653
Property ID Number
743523076796
Tax Year
2023
Tax Amount
33010
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Explore prime retail spaces in a vibrant NW Rochester strip center anchored by Ye Olde Butcher Shoppe, just 1.6 miles from downtown. With easy access to Civic Center Drive and HWY 52, these spaces are perfect for businesses seeking high visibility, benefiting from a daily traffic count of 10,000 cars. Seize signage opportunities on the building and pole sign. Suite 894- Discover a versatile 1000 sqft office space with three offices, a spacious reception area, and ample natural light. Ideal for various businesses, it effortlessly transitions to a retail setting, offering a well-designed and adaptable environment. Suite 898 - A spacious 2850 sqft commercial space, featuring a large kitchen with ample storage and a hood, a private office, and a cozy seating area. Abundant natural light enhances the inviting atmosphere through large display windows, making it a perfect fit for a range of businesses. Landlord requires a lease minimum of 36 month.
Directions
From Broadway Ave. Turn west on 7th St NW Drive west on 7th St NW for 0.6 miles This property will be on the left

Accessible

No Stairs External
Yes
No Stairs Internal
Yes
Partially Wheelchair
Yes

Air Conditioning

Central Air
Yes

Construction Materials

Block
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes

Parking Characteristics

Parking Lot
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Sidewalks
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Wood Shingles
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

Window Features

Display Window(s)
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Retail/Shopping Center
Yes

Current Use

Commercial
Yes
Food Service
Yes
Office
Yes

Location Description

Free Standing
Yes

Potential Use

Lounge/Bar
Yes
Office
Yes
Restaurant
Yes
Retail
Yes
IDX
Listing Office: Realty Growth Inc.
Last Updated: August - 07 - 2025
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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.