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.
- MLS# 6798913
- Date Listed10/03/2025
- Days on Realty 173 Days
- Bedrooms -
- Bathrooms
- Lot Size 5.46 acres (237,925 sq. ft)
- Sewer Public Sewer
- Subdivision Hadley Creek Outlots 2nd
- Property Type
- County Olmsted
- Year Built 1990
- Water Public
- Square Feet 5,336 sq. ft
- Price Per Sq. Ft $242.69
Interior Features
- Appliances Dishwasher, Gas Water Heater, Refrigerator
- Heating Natural Gas, Forced Air
Exterior / Lot Features
- Roof -
- Lot Size Acres 5.46
- Lot Size SQFT 237,924.72
- Lot Features -
Directions
Take north Broadway heading north to 48th St NE, take right, property well marked on the left, about 1/4 mile.
Financial Considerations
- Tax Amount $17,790
- Terms Cash, Conventional, FHA, VA Loan
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 906 NE 16th Street NE | 3 | 2 | Jan 28, 2026 | $249,000 | Mar 25, 2026 | - |
| 901 17th Street NE | 4 | 3 | Feb 04, 2026 | $419,900 | Mar 25, 2026 | - |
| 901 17th Street NE | Listing | 5 | 3 | Jan 28, 2026 | $389,900 | Mar 21, 2024 | $385,221 |
| 801 16th Street NE | 4 | 2 | Jan 28, 2026 | $225,000 | Mar 25, 2026 | - |
| 4175 Cassidy Ridge Drive NE | Listing | 4 | 3 | Feb 04, 2026 | $894,900 | Mar 21, 2024 | $892,573 |
| 4372 22nd Avenue NE | Listing | 3 | 3 | Feb 04, 2026 | $1,124,647 | Mar 21, 2024 | $98,713 |
| 791 Merrywood Drive NW | Listing | 4 | 2 | Feb 18, 2026 | $409,900 | Feb 23, 2024 | $357,207 |
| 2051 Jade Lane NE | Listing | 5 | 4 | Mar 01, 2026 | $609,000 | Mar 21, 2024 | $512,910 |
| 5412 Destination Lane NE | Listing | 3 | 2 | Mar 22, 2026 | $639,900 | Mar 25, 2026 | - |
| 5216 Castlewood Lane NW | Listing | 4 | 3 | Mar 14, 2026 | $386,000 | Feb 23, 2024 | $368,250 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 19,762 | 122,410 | 164,811 | 335,858,263 |
| Population Density | 323 | 2,208 | 252 | 95 |
| People per Household | 2.4 | 2.4 | 2.5 | 2.6 |
| Median Age | 43.2 | 38.9 | 39.5 | 39.1 |
| Median Income | $89,168 | $75,004 | $78,944 | $66,222 |
| Average Income | $50,426 | $40,575 | $41,650 | $35,475 |
| Cost of Living Index | 104 | 99 | 103 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 3.7°F | 3.7°F | 3.7°F | 22.6°F |
| July Avg. High Temp | 80.1°F | 80.1°F | 80.1°F | 86.2°F |
| Annual Precipitation | 31.4" | 31.4" | 31.4" | 38" |
16/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
36/100
Bikable
Bike Score ®
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 36/100.
Property Change History
Points of Interest near 1925 48th Street NE, Rochester, MN 55906
739 ft
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Frequently Asked Questions for 1925 48th Street NE
Source: Realty.com
1925 48th Street NE, Rochester, MN 55906 is a , Commercial Sale property listed for $1,295,000 The property is 5336 sq. ft with - bedrooms and 0 bathrooms
Our records indicate that 1925 48th Street NE was built in 1990.
The full address for this home is 1925 48th Street NE, Rochester, MN 55906.
1925 48th Street NE has been listed on Realty.com since Fri October 03, 2025
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 36/100.
There are 1 schools assigned to this home. Check out the schools near 1925 48th Street NE. Rosa Parks Charter High School (Grades: 9 - 12)
Listing provided courtesy of:
Edina Realty, Inc.
(tel: 507-288-7665)
Listing agent:
Thomas Meilander
(tel: 507-254-2259)
(#503500080)
This content last refreshed on 2026-03-25 13:19:03. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1925 48th Street NE, Rochester, MN 55906 : MLS# 6798913