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29099178
29099179

2015 3rd St SW, Rochester, MN 55902

AH
MN 40439870
North Rock Real Estate
Listed by North Rock Real Estate
$1,300,000
150 days on market
Updated 150 days ago

2015 3rd Street Southwest

Details
Property Type Multifamily, Land
Sub Type Commercial
Units 52
Acreage 19944.000
Zoning MXT-COR

Multifamily | 52 Units

Marketing description

This .46 acre multifamily development site is preliminary approved for 52 units studio and one-bedroom apartments. The site size and unit count support an efficient apartment project without overcomplicating design or execution. The preliminary approved building plans were designed within the mx-t corridor zoning standards allowing for a favorable type "s*" approval under the city of rochester's unified development code (udc). this offering is well suited for investors seeking a clear, build-ready opportunity with long-term income potential.

Rochester is a steady, growing city with reliable demand for rental housing. The location at 2015 3rd street sw sits directly along the new link rapid transit line, offering simple and convenient access through key parts of the city. The corridor connects to downtown rochester and major employment centers, supporting daily commuting and long-term housing demand. Ongoing public investment in transportation and infrastructure continues to strengthen this part of the city. Combined with rochester’s strong employment base and focus on practical growth, this location offers clear support for future multifamily development.

Investment highlights

  • Preliminary approved for 52-unit multifamily development
  • Zoned MXT-COR
  • Suited for apartment development
  • Strong long-term income potential
  • 8 blocks from mayo clinic's saint mary's campus
  • 1 block from the future link transit station

Listing Contacts

AH
MN 40439870
North Rock Real Estate
Listed by North Rock Real Estate

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Additional Information

Name
AJ Hawkins
License
40439870
Brokerage
North Rock Real Estate
Brokerage Phone
(507) 259-6556
Title
Broker | Developer
Brokerage Address
2705 U.S. 14
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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