$3,800,000
319 - 325 Broadway Avenue S Rochester, MN 55902
For Sale MLS# 6757540
Other
Details for 319 - 325 Broadway Avenue S
MLS# 6757540
Description for 319 - 325 Broadway Avenue S, Rochester, MN, 55902
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 Information
Property Type: Commercial
Status: Active
Lot Size: 0.42 Acres
Square Feet: 29,108 sq ft
Year Built: 1885
Foundation: 12,880 sq ft
Stories: Three Or More
Subdivision: Moe & Olds Add-Pt Torrens
Number Of Units Total: 4
Current Use: Commercial,Office,Residential,Retail
County: Olmsted
Days On Market: 222
Construction Status: Previously Owned
School Information
District: 535 - Rochester
Interior Features
Accessibility: Partially Wheelchair
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Separate
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Open Parking: 20
Parking Description: Parking Lot
Roof: Flat
Lot Dimensions: 140x130
Zoning: Business/Commercial
Additional Exterior/Lot Features: Corner Lot, Public Transit (w/in 6 blks), Land Inclusions - Building, Road Frontage - City, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Driving Directions
Located on the corner of S Broadway Ave and 4th St SE
Financial Considerations
Tax/Property ID: 640211014304
Tax Amount: 83779.34
Tax Year: 2024
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Realty Growth Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 319 - 325 Broadway Avenue S
Sales History
| Date | Price | |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 319 - 325 Broadway Avenue S
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.