Historic Center Street, Rochester, MN
Center Street Assemblage
Two adjacent duplexes assembled into a long-term redevelopment position — with four residential units being converted into professionally operated short-term rentals.
Strategy
Slingshot assembled 816 & 826 E Center Street as a long-term redevelopment opportunity while maximizing current cash flow.
Case study
Before, transformation, result
Before acquisition
- 816 E Center Street
- 826 E Center Street
- A ~0.6-acre assemblage in a historic, walkable neighborhood
Transformation
- Convert four residential units into professionally operated short-term rentals
- 826 E Center Street: complete remodel and two new Airbnb units
- Launching August 2026
Result
Maximize hospitality revenue while strengthening portfolio cash flow.
Hold a long-term redevelopment position until future opportunities emerge.
Gallery
Before & after
826 E Center — acquired for value-add
The furnished rental standard at 816 E Center
Community impact
Improves historic housing and adds hospitality supply in a walkable neighborhood — a long-term commitment to the block, not a quick flip.
Let’s build something lasting in Rochester.
Whether you’re looking for space, exploring a partnership, or want to talk about a property, we’d like to hear from you.
Rochester, MN · andrew@slingshot-realestate.com · 507-533-5280