The Rochester commercial complex that houses a prosthetics firm and a veterinarian clinic recently sold for $4.51 million.
Rochester developer Gus Chafoulias sold the 13-year-old building at 121 23rd Ave. SW to Mace Holdings LLP of Billings, Mont. Chafoulias developed and owned the 28,000-square-foot facility through his company, ACG Second Street LLC.
Prosthetic Laboratories of Rochester, Inc. and Affiliated Emergency Veterinary Service are tenants in the center, which stands in front of the Shorewood Senior Campus along Second Street Southwest. Chafoulias was invested in Prosthetic Labs until it sold to Hanger Inc. last year.
Michael R. Mace, managing partner of Mace Holdings, says the purchase is simply an investment for he and his wife.
"We think Rochester, Minn. is a dynamic community with wonderful people. We just think it's a great place to be doing business," said Mace.