MLS# 6798913 - 1925 48th Street NE Rochester, MN 55906
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Financing
Sale price ($) Down payment (%) Interest Rate (%) Term (years) |
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Property Location
Edina Realty, Inc. is the brokerage office representing the seller for this listing.
Copyright 2020, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this 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 are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. RE/MAX First Choice is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of RE/MAX First Choice, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
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Also, adjacent future development land is included (approximately 3 1/2 to 4 acres) with this property. Current building is in excellent condition with 4 bathrooms, kitchen area, conference rooms, event center, and only limited by your imagination! Potential uses could be, event center, commercial retail, offices, business services, day care, pet care and dog training site, church events, almost unlimited use, providing it conforms to zoning or rezoning options. Call for information on taxes and current possible uses, along with potential multi-family or villa home development potential on remaining acres. Professionally designed concept plan available for redevelopment idea. Property building is vacant, but was formerly used as a church, thus property taxes are from 2023 and depending on new use and developments, taxes are to be determined. The building alone would cost the asking price if built today! City water and sewer recently brought to the site and paid for in full...a developers dream, along with income from the building if rented. Much to explore on this rare financial opportunity. 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