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55th Street and 18th Avenue NW
Rochester, MN 55901

Prime Development Lots Available · Land For Sale · 39.58 AC

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Investment Highlights

Located in Fast Growing NW Rochester. Convenient to HWY 52.

Executive Summary

Outlot 2 (3.38 acres) is under contract for multi-family, 80-100 units. Perfect location for daycare, retail and service oriented business to support incoming housing demand.
We continue to have quite a bit of interest in the R-3 property for multiple styles of multifamily housing, so please reach out soon if you think you might have a multifamily project that would be a good fit in this development.

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Retail Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Auto Repair Bank Baseball Field Bowling Alley Carwash Community Centre Tienda de conveniencia Daycare Centre Fast Food Healthcare Health Club Medical Restaurant Storefront, Retail or Residential Veterinarian or Kennel
Property Type	Land	Total Lot Size	39.58 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Auto Repair Bank Baseball Field Bowling Alley Carwash Community Centre Tienda de conveniencia Daycare Centre Fast Food Healthcare Health Club Medical Restaurant Storefront, Retail or Residential Veterinarian or Kennel
Total Lot Size	39.58 AC

1 Lot Available

Lot

Lot Size	39.58 AC

Lot Size	39.58 AC

• Be a part of the fastest growing area in Rochester! • Key retail, commercial, and multifamily lots available. • Sewer and water are installed in Sara Lynn Drive. • Curb and gutter installed and first lift of

Description

Prime retail and commercial lots available in a high growth area of NW Rochester! Sewer and water installed. Curb and gutter in place. Blacktop is being placed. Grading and backfilling are un-going. Multi-family plans are underway. High traffic area requires housing, services and conveniences to support this fast growing location. Property Zoning: MXG - Mid to high-intensity commercial use MXS - Low to mid-intensity commercial use R-3 - Multifamily residential Here is a link to the recently updated Unified Development Code for the City of Rochester: https://www.rochestermn.gov/home/showpublisheddocument/36333/638084270359130000

zoning

Zoning Code	R-3 (Property Zoning: MXG - Mid to high-intensity commercial use MXS - Low to mid-intensity commercial use R-3 - Multifamily residential)
R-3 (Property Zoning: MXG - Mid to high-intensity commercial use MXS - Low to mid-intensity commercial use R-3 - Multifamily residential)

Listing ID: 29270463
Date on Market: 2023-08-14
Last Updated:
Address: 55th Street and 18th Avenue NW, Rochester, MN 55901

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