3552 W River Nw Parkway, Rochester, Minnesota 55901

MN, Rochester
$890,000
  • Commercial Sale Property Type
  • 1982 Year Built
  • Active Status
See All 12 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7008593
  • Price: $890,000
  • Year Built: 1982
  • Listing Status: Active
  • Office Name: Realty Growth Inc.
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Parking Parking Lot
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Olmsted
  • City Rochester
  • Zipcode 55901
  • Street: River
  • Street Number: 3552
  • Street Suffix: Parkway
  • Directions: From 37th St NW, turn south on West River Parkway. This property is located on the east side of the road.
  • Street Dir Prefix: W
  • Street Dir Suffix: NW
Neighborhood
  • High School District: Rochester
MLS Addon
  • Office Name: Realty Growth Inc.
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Partially Wheelchair
  • Current Use: Commercial,Office,Professional Service
  • Lot Size Dimensions: 72x73x15x37x15x73
  • Number Of Units Total: 1
Financial
  • Tax Annual Amount: 24948
Listing Information
  • Co List Agent Mls Id: 503516477
  • Co List Office Name: Realty Growth Inc.
  • List Agent Mls Id: 503503046
  • List Office Mls Id: 26818
  • Modification Timestamp: 2026-01-14T17:58:09Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$