# 273 Penny Lane NE, Rochester, MN 55906

> **TL;DR:** commercial, $3,995,000, built 2022.
> 32-car garage. Est. $21,366/mo. Listed 38 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,995,000 |
| Year Built | 2022 |
| Lot Size | 73,616 sqft (1.69 acres) |
| Garage | 32-car |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 38 |

## Why This Home Stands Out

- **Large Garage** - 32-car garage

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $20,201 |
| Estimated Insurance | $1,165 |
| **Total** | **$21,366** |

## Key Amenities

- 32-car garage

## Property Highlights

- Built in 2022
- 1.69 acre lot

## Description

### Agent Description
This property is in the perfect location for a storage building. So many options: rent it to someone for straight storage, or to a client for their classic car or other toys. Each storage unit can have a future bath and loft. Great property to rent out as you see fit for the market. Great NE location and in an almost brand-new building.

## Location

- **Address:** 273 Penny Lane NE, Rochester, MN 55906
- **County:** Olmsted
- **Neighborhood:** Roadhouse Motor Condos Cic #389
- **Coordinates:** 44.059163, -92.459481
- **Google Maps:** https://www.google.com/maps?q=44.059163,-92.459481

## Listing Agent

- **Name:** Daniel Groteboer
- **Brokerage:** RE/MAX Results
- **Broker Phone:** (952) 829-2900
- **Listing URL:** [View original listing](https://results.net/real-estate/?listing_id=7152214)

## Photos

![273 Penny Lane NE - Photo 1](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f1249103348r.jpg)

![273 Penny Lane NE - Photo 2](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f1223112262r.jpg)

![273 Penny Lane NE - Photo 3](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f4138873132r.jpg)

![273 Penny Lane NE - Photo 4](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f436025119r.jpg)

![273 Penny Lane NE - Photo 5](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f310904783r.jpg)

![273 Penny Lane NE - Photo 6](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f3073206054r.jpg)

![273 Penny Lane NE - Photo 7](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f2743486275r.jpg)

![273 Penny Lane NE - Photo 8](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f2356117620r.jpg)

![273 Penny Lane NE - Photo 9](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f2413064782r.jpg)

![273 Penny Lane NE - Photo 10](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f4010546006r.jpg)

![273 Penny Lane NE - Photo 11](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f3241036875r.jpg)

![273 Penny Lane NE - Photo 12](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f3406222981r.jpg)

![273 Penny Lane NE - Photo 13](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f3888980315r.jpg)

![273 Penny Lane NE - Photo 14](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f2871588701r.jpg)

![273 Penny Lane NE - Photo 15](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f2520942641r.jpg)

![273 Penny Lane NE - Photo 16](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f2900431538r.jpg)

![273 Penny Lane NE - Photo 17](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f1193821160r.jpg)

![273 Penny Lane NE - Photo 18](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f1851026677r.jpg)

![273 Penny Lane NE - Photo 19](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f1861613761r.jpg)

![273 Penny Lane NE - Photo 20](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f1315253799r.jpg)

![273 Penny Lane NE - Photo 21](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f299487537r.jpg)

![273 Penny Lane NE - Photo 22](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f351923013r.jpg)

![273 Penny Lane NE - Photo 23](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f1673368119r.jpg)

![273 Penny Lane NE - Photo 24](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f457192206r.jpg)

![273 Penny Lane NE - Photo 25](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f187492273r.jpg)

![273 Penny Lane NE - Photo 26](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f2437001110r.jpg)

![273 Penny Lane NE - Photo 27](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f1050247226r.jpg)

![273 Penny Lane NE - Photo 28](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f780528760r.jpg)

![273 Penny Lane NE - Photo 29](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f246745112r.jpg)

![273 Penny Lane NE - Photo 30](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f985816858r.jpg)

![273 Penny Lane NE - Photo 31](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f1806618464r.jpg)

![273 Penny Lane NE - Photo 32](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f2515174247r.jpg)

![273 Penny Lane NE - Photo 33](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f844906179r.jpg)

![273 Penny Lane NE - Photo 34](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f523131560r.jpg)

![273 Penny Lane NE - Photo 35](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f129714891r.jpg)

![273 Penny Lane NE - Photo 36](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f1157015865r.jpg)

![273 Penny Lane NE - Photo 37](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f576818842r.jpg)

![273 Penny Lane NE - Photo 38](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f2996881016r.jpg)

![273 Penny Lane NE - Photo 39](http://lh.rdcpix.com/dda3d59ee40602108cdd5cf6fb6b6647l-f4146726877r.jpg)

---

**MLS#:** 7152214 | **Updated:** 2026-10-30
**Source:** listhub

*Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/273-penny-lane-ne-rochester-mn-55906-2e3dca10329d41d6a2e33c5d67187954)

---

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