4865 19th Street Northwest, Rochester, MN, 55901

4865 19th Street Northwest Rochester, MN 55901

4865 19th Street Northwest, Rochester, MN, 55901
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$860,000
Last Verified:
Sep 16, 2024

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Description

Introducing a prime investment or owner occupant opportunity at 4865 19th Street Northwest, Rochester, MN. This 9,760 SF building - is positioned to offer great upside within the desired flex sector. Boasting a strategic location 3/4 of a mile off of West Circle Drive, the fastest growing commercial corridor, in the thriving Rochester area, the surrounding business complex presents an ideal mix of retail, office and warehouse flex users. Surrounding businesses thrive on generous customer parking, large square footage and flexible layouts which portray retail, showroom, and/or office along the front and utilize the large OH doors in the back for warehouse/shop. Don't miss this chance to secure a highly desired property in a sought-after market.

Located on the edge of the West Circle Drive commercial corridor in Rochester, MN, this business park is a thriving hub for office and retail and warehouse ventures. Just moments away from the renowned Mayo Clinic and the buzzing downtown district, this location offers a blend of convenience and vibrancy. Nearby, the Silver Lake Park provides an idyllic setting for leisurely strolls, while the Rochester Art Center showcases a diverse array of cultural experiences. Whether it's the ease of access to top-tier amenities or the dynamic energy of the city, the surrounding area offers an exceptional environment for businesses looking to invest in an office building.

Building Size: 9760sq ft
Building Class: B
Lot Size: 0 acres

Map of 4865 19th Street Northwest, Rochester, MN, 55901

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.