319-325 Broadway Ave S

Rochester, MN 55904

$3,800,000
Price
—
Beds
—
Baths
29,108 Sq. Ft.
$131 / Sq. Ft.
29,108
Sq. Ft.
$131
per Sq. Ft.

Description

Positioned on one of Downtown Rochester’s premier intersections—Broadway & 4th Street South—this property presents a compelling opportunity for investors seeking either steady in-place cash flow or a high-potential redevelopment opportunity. Ideally situated just 0.3 miles from the heart of the Mayo Clinic campus and 0.2 miles from the rapidly expanding University of Minnesota Rochester, the property benefits from proximity to two of the city's most influential institutions. Located in Rochester’s...Positioned on one of Downtown Rochester’s premier intersections—Broadway & 4th Street South—this property presents a compelling opportunity for investors seeking either steady in-place cash flow or a high-potential redevelopment opportunity. Ideally situated just 0.3 miles from the heart of the Mayo Clinic campus and 0.2 miles from the rapidly expanding University of Minnesota Rochester, the property benefits from proximity to two of the city's most influential institutions. Located in Rochester’s highly walkable Historic District and zoned MXD-BUS—Rochester’s most intensive development classification—this site is uniquely positioned to meet the city’s growing demand for housing, retail, and mixed-use spaces. While parceling the property is possible, the combined footprint represents a rare chance to reimagine a significant section of downtown. No other available site matches its scale, zoning, and proximity to Rochester’s key economic drivers. Property Highlights
-Significant Redevelopment Opportunity
-Current Cash Flow
-On-Site Parking
-Newly Renovated Spaces
-Central Downtown Location
-Retail & Multi-Family Potential
- 0.2 Miles to UMR Campus
- 0.3 Miles to Mayo Clinic
  1. Listed by Realty Growth Inc.

Property Details for 319-325 Broadway Avenue South

Subdivision Name
Moe & Olds Add-Pt Torrens
Zoning Jurisdiction
Business/Commercial
LISTING UPDATED: 07/25/2025 03:01 PM

Property Details for 319-325 Broadway Avenue South

StatusActive
MLS #6757540
Days on Compass7
Taxes$83,779 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1885
Lot Size0.42 AC / 18,295 SF
CountyOlmsted County

Location

Listing Courtesy of Realty Growth Inc.
Add your commute

Building Information for 319-325 Broadway Avenue South

Stories-Residences4Year Built1885Lot Size0.42 AC / 18,295 SF

Payment Calculator

$25,502 per month

30 year fixed, 6.15% Interest

Principal and Interest

$18,521

Property Taxes

$6,982

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 319-325 Broadway Avenue South

Summary
Location and General Information
  • City Name: Rochester
  • County Or Parish: Olmsted
  • County: Olmsted-MN
  • Directions: Located on the corner of S Broadway Ave and 4th St SE
  • Latitude: 44.019524
  • Longitude: -92.463498
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Rochester
  • City and Location Text: Rochester(MN)
  • Postal Code: 55902
  • State Or Province: MN
  • Public Survey Township: 106
Taxes and HOA Information
  • Additional Parcels Description: 640211014307,640211014306
  • Additional Parcels: Yes
  • Parcel Number: 640211014304
  • Tax Annual Amount: $83,779.00
  • Tax Legal Description: SECT-02 TWP-106 RANGE-014 MOE AND OLDS ADD-PT TORRENS LOT-001 BLOCK-010 LOT 1 BLK 10
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 85821.1200
School Information
  • High School District: 535 - Rochester
  • School District Number: 535
  • School District Phone: 507-328-3000
Property
Lot Information
  • Current Use: Commercial, Office, Residential, Retail
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot
  • Lot Size Area: 0.42
  • Lot Size Dimensions: 140x130
  • Lot Size Units: Acres
  • Possible Use: Office, Professional Service, Restaurant, Retail, Investment, Bar/Tavern, Medical, Motel/Hotel
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Building Area Total: 29108.0
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Separate, Hot Water Separate
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Partially Wheelchair
  • Foundation Area: 12880.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
  • Road Responsibility: Public Maintained Road
  • Roof: Flat
Interior Features
  • Ceiling Height: 11-15
  • Heating: Forced Air
  • Levels: Three Or More
  • Basement YN: Yes

Property History for 319-325 Broadway Avenue South

DateEvent & SourcePriceAppreciation
Jul 24, 2025

Price Change

NorthStar #6757540

$3,800,000—
Jul 24, 2025

Listed (Active)

NorthStar #6757540

—
DateEvent & SourcePrice
07/24/2025

Price Change

NorthStar #6757540

$3,800,000
07/24/2025

Listed (Active)

NorthStar #6757540

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 319-325 Broadway Avenue South

This home is within Rochester Public School District.
Rating
School
Type
Grades
Distance
Folwell Elementary School
Public - PK to 5
John Adams Middle School
Public - 6 to 8
Mayo Senior High School
Public - 8 to 12
Hawthorne Diploma Program
Public - 9 to 12
Rating
School
Distance
Folwell Elementary School
PublicPK to 5

John Adams Middle School
Public6 to 8

Mayo Senior High School
Public8 to 12

Hawthorne Diploma Program
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 319-325 Broadway Avenue South, Rochester, MN 55904

319-325 Broadway Avenue South is a mixed use property for sale in Rochester, MN 55904. This property was listed for sale on July 24, 2025 by Realty Growth Inc., it's currently listed at $3,800,000. This listing's school district is Rochester Public School District. Nearby schools include Folwell Elementary School, John Adams Middle School and Mayo Senior High School. 319-325 Broadway Avenue South is a 0-bed, 0-bath, 29,108 sqft mixed use property built in 1885.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Growth Inc.

Based on information submitted to the MLS GRID as of 07/25/2025 03:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.