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3552 W River Parkway Nw, Rochester, MN 55901

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Listed By

Agency Name: Realty Growth Inc.
Agency Phone: 507-289-8000

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

3552 West River Parkway NW presents a great opportunity to acquire a stabilized, net-leased office condominium in NW Rochester. This investment offering features a legacy tenant with over 30 years of operating history at the location, providing a strong foundation of occupancy and reliability. The property is secured by a new five (5) year lease, with an additional five (5) year renewal option, offering long-term income visibility and durability. The net lease structure minimizes landlord responsibilities, making this an ideal opportunity for investors seeking passive, predictable cash flow. Recent capital improvements, including a new roof and upgraded electrical systems, further enhance the stability of the asset and reduce near-term capital expenditure risk. The building itself is very well-maintained, solidly constructed, and benefits from excellent visibility and accessibility along West River Parkway. This offering is well-suited for a 1031 exchange buyer, private investor, or owner seeking a low-management, net-leased office asset with proven tenancy and strong fundamentals in the Rochester market.

3552 W River Parkway Nw | MLS# 7008593

This commercial property located at 3552 W River Parkway Nw, Rochester, MN 55901 is currently listed for sale with an asking price of $890,000. W River Parkway Nw is located within the Rochester school district. Search Rochester real estate on www.counselorrealty.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.43 Acres
Taxes: $24,948
Year Built: 1982

Feature Descriptions

Current Use: Commercial, Office, Professional Service
Days on Site: 47
Foundation Size: 4900
Handicap Accessible: Partially Wheelchair
Lot Dimensions: 72x73x15x37x15x73
Parcel#: 742324018806
Parking: Parking Lot
Sale Includes: Building
Sewer: City Sewer/Connected
Units: 1
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: City Water/Connected

Local Schools

School District: Rochester

Near By

Demographics

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