4th & Broadway Downtown Rochester Redevelopment Opportunity

319 - 325 Broadway Ave S, Rochester, MN 55904

Property Information

  • For Sale Contact for pricing
  • Property Type Retail
  • Date Updated May 19, 2026

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.

Highlights

  • 0.2 Miles to UMR Campus
  • 0.3 Miles to Mayo Clinic
  • Central Downtown Location
  • Current Cash Flow
  • Newly Renovated Spaces
  • On-Site Parking
  • Retail & Multi-Family Potential
  • Significant Redevelopment Opportunity

Contacts

Matt Gove

Realty Growth

Nick Pompeian

Realty Growth

Location

Contact 4th & Broadway Downtown Rochester Redevelopment Opportunity
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