Rochester, MN 55901,3552 W River Pkwy NW
Rochester, MN 55901,3552 W River Pkwy NW
Rochester, MN 55901,3552 W River Pkwy NW
Rochester, MN 55901,3552 W River Pkwy NW
Rochester, MN 55901,3552 W River Pkwy NW
Rochester, MN 55901,3552 W River Pkwy NW
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Alissia Kreger

Alissia Kreger

+1(763) 528-3669
$ 890,000
Est. payment | /mo

0.43 Acres Lot

Save
$ 890,000
Est. payment | /mo
Save

0.43 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision West River Pkwy Comm

MLS Listing ID 7008593

Year Built 1982

Annual Tax Amount $24,948

Tax Year 2025

Contingent None

Lot Size 0.430 Acres

Acres 0.43

Lot Dimensions 72x73x15x37x15x73

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.

Location

State MN

County Olmsted

Zoning Business/Commercial

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Present Use Commercial,Office,Professional Service

Building

Foundation 4900

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Rochester

Listed by Robert Beeman • Realty Growth Inc.
Alissia Kreger

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(763) 528-3669

alissiakreger@gmail.com

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3552 W River Pkwy NW