2002 2nd Street Southwest

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2002 2nd Street Southwest

Rochester, MN 55902
Asking Price
$2.50M
Asset Type
Storefront Retail
Class
Class B

What's Special

High Visibility Commercial Opportunity for Sale on 2nd Street <p><span style="color: rgba(10, 21, 81, 1)">30+ Onsite Parking Spaces</span></p><p></p><p><span style="color: rgba(10, 21, 81, 1)">In-Place Rental Income</span></p><p></p><p><span style="color: rgba(10, 21, 81, 1)">Commercial Kitchen & Halls</span></p><p></p><p><span style="color: rgba(10, 21, 81, 1)">On the "Link" Rapid Transit Route</span></p><p></p><p><span style="color: rgba(10, 21, 81, 1)">Blocks from Mayo Clinic Expansion</span></p><p></p><p><span style="color: rgba(10, 21, 81, 1)">Expansi

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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631

Location & Travel Times