16th Ave NW Commerical Potential
432 16th Ave NW | Rochester, MN 55901
Sale Price $1,200,000
Property Highlights
- Lot Size 0.86 Acres
- Zoning 3a COMMERCIAL PREFERENTIAL
- Traffic 4950 AADT (Average Annual Daily Traffic) on 16th Ave NW
Unlock the Potential! Discover this prime property that once housed a popular restaurant, now cleared and transformed into a versatile shell space, ready for your creative vision. Located in an established residential neighborhood surrounded by a vibrant mix of retail, this lot offers endless possibilities for residential, commercial, or mixed-use development.
Land Description: This property consists of two parcels (0.86 Acres), providing exceptional flexibility for your project. With a high visibility rate of 4,950 AADT, you’ll benefit from easy access and strong exposure, making it an ideal spot for your next venture.
Building Information: The existing structure can be repurposed to suit your needs or torn down to make way for your vision. Whether you envision a modern residential complex, a vibrant retail hub, or an innovative mixed-use space, the canvas is yours to design!
Neighborhood Highlights: Residents will appreciate the convenience of nearby parks, restaurants, and shopping centers, creating a dynamic environment that attracts both visitors and locals. This prime location is set to become a thriving hub for future success.
Investment Opportunity: Don’t miss out on this exceptional chance to capitalize on the growing demand in this desirable area. Your vision can take shape here—transform this clean, ready-to-develop space into something extraordinary!