1925 48th Street NE, Rochester, MN 55906

$1,295,000
Property Type: Commercial Lot Size (sq. ft.): 237,838 Status: Pending
Current Price: $1,295,000 List Date: 10/03/2025 Last Modified: 4/06/2026

Overview

Description

Tremendous opportunity to purchase this well built multi-use building with black top parking lot. Also, adjacent future development land is included (approximately 3 1/2 to 4 acres) with this property. Current building is in excellent condition with 4 bathrooms, kitchen area, conference rooms, event center, and only limited by your imagination! Potential uses could be, event center, commercial retail, offices, business services, day care, pet care and dog training site, church events, almost unlimited use, providing it conforms to zoning or rezoning options. Call for information on taxes and current possible uses, along with potential multi-family or villa home development potential on remaining acres. Professionally designed concept plan available for redevelopment idea. Property building is vacant, but was formerly used as a church, thus property taxes are from 2023 and depending on new use and developments, taxes are to be determined. The building alone would cost the asking price if built today! City water and sewer recently brought to the site and paid for in full...a developers dream, along with income from the building if rented. Much to explore on this rare financial opportunity. If interested in leasing the building call for that optional use.

Listing Details MLS# 6798913

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
50
Waterfront Present
No
Year Built
1990
Yearly/Seasonal
Yearly
Zoning
Other
Foundation Size
5336
For Sale or Lease
For Sale
Acres
5.46
Lot Dimensions
Irreg
Garage Stalls
0

Property Features

Accessible: Other Appliances: Dishwasher; Refrigerator CMU Style: Other Construction Status: Previously Owned Current Use: Other Exterior: Block; Vinyl; Wood Foundation: Slab Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Loan Terms: Cash; Conventional; Other Lock Box Type: Combo Lot Description: Tree Coverage - Light On Site Utilities: Electric Common Parking Characteristics: Parking Lot; Off Site; Paved Lot Potential Use: Diversified; Grocery; Office; Other; Professional Road Responsibility: Public Maintained Road Roof: Age Over 8 Years Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Off Market Date
2026-03-18
Contingency
None
ListPrice
1295000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1925
Street Name
48th
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55906
Complex/Dev/Subdivision
Hadley Creek Outlots 2nd

Assessments

Tax With Assessments
17790
Assessment Balance
0
Assessment Installment
0

Building Information

Building Finished SqFt
5301
Building SqFt
5336
Ceiling Height
8-10

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
13
Section#
18
Township#
107

Sale Options

Sale Includes
Building

Unit Details

Total Units
Yes

Office/Member Info

Association
SEMR

Location, Tax and Other Information

Legal Description
SECT-18 TWP-107 RANGE-013 HADLEY CREEK OUTLOTS 2ND OUTLOT B
Listing City
Rochester
Map Page
999
Municipality
Rochester
School District
Rochester
School District Phone
507-328-3000
Zip Plus 4
8543
Property ID Number
731823080242
Tax Year
2024
Tax Amount
17790
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Tremendous opportunity to purchase this well built multi-use building with black top parking lot. Also, adjacent future development land is included (approximately 3 1/2 to 4 acres) with this property. Current building is in excellent condition with 4 bathrooms, kitchen area, conference rooms, event center, and only limited by your imagination! Potential uses could be, event center, commercial retail, offices, business services, day care, pet care and dog training site, church events, almost unlimited use, providing it conforms to zoning or rezoning options. Call for information on taxes and current possible uses, along with potential multi-family or villa home development potential on remaining acres. Professionally designed concept plan available for redevelopment idea. Property building is vacant, but was formerly used as a church, thus property taxes are from 2023 and depending on new use and developments, taxes are to be determined. The building alone would cost the asking price if built today! City water and sewer recently brought to the site and paid for in full...a developers dream, along with income from the building if rented. Much to explore on this rare financial opportunity. If interested in leasing the building call for that optional use.
Directions
Take north Broadway heading north to 48th St NE, take right, property well marked on the left, about 1/4 mile.

Accessible

Other
Yes

Appliances

Dishwasher
Yes
Refrigerator
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes
Vinyl
Yes
Wood
Yes

Foundation

Slab
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Cable
Yes

Lock Box Type

Combo
Yes

Lot Description

Tree Coverage - Light
Yes

Parking Characteristics

Parking Lot
Yes
Off Site
Yes
Paved Lot
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes

CMU Style

Other
Yes

Current Use

Other
Yes

Loan Terms

Cash
Yes
Conventional
Yes
Other
Yes

Potential Use

Diversified
Yes
Grocery
Yes
Office
Yes
Other
Yes
Professional
Yes
Listing Office: Edina Realty, Inc.
IDX
Last Updated: April - 06 - 2026
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