4th & Broadway Downtown Rochester Redevelopment Opportunity

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

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 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.

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