Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    425 Broadway Ave Rochester, MN 55904

    Sponsored
    For Sale
    Contact for pricing

    Prime Retail Space, 9,000+ SF, Maven on Broadway

    Property size:
    101,170 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, located at 425 Broadway Avenue S in Rochester, Minnesota, offers over 9,000 square feet of raw, undeveloped retail space within the prestigious Maven on Broadway apartment building. Situated on a 1.32-acre lot, this 101,170 square foot building presents a unique opportunity for a forward-thinking business owner. The space is zoned MXD-Med (Mixed Use Development), allowing for a wide range of retail or restaurant/bar concepts. The completely blank canvas allows for total customization, enabling a business to create a space perfectly tailored to its brand and needs. This prime downtown location boasts high foot traffic and visibility, ensuring maximum exposure to both residents and visitors. The surrounding area offers a vibrant mix of shops, restaurants, and entertainment venues, creating a dynamic and desirable environment. Easy access to public transportation and major thoroughfares adds to the property's appeal. This is an unparalleled chance to establish a thriving business in one of Rochester's most sought-after locations. The asking price for this exceptional opportunity is $25 million.

    Property Features for 425 Broadway Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    101,170 SF
    Lot Size
    57,499 SF

    Building Details

    Year Built
    2018
    Property Profile Location Intelligence

    Current Use by Public Records

    The Maven on Broadway Apartments Apartment Rental Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4643
    Latitude
    44.01841

    Nearby Similar for Sale

    • $2,199,000
      3.11 Acres

      Rochester Church with Redevelopment Potential

      Church property on 3+ acres near Highway 52 and Mayo Clinic.
      1727 Walden Ln SW, Rochester, MN 55902
      View Details
    • $6,500,000
      4.04 Acres

      Rochester MN Hotel Opportunity

      Centrally located Rochester, MN hotel near Mayo Clinic.
      435 16Th Ave NW, Rochester, MN 55901
      View Details
    • $3,000,000
      Pending

      Timeless Rochester Commercial Building

      Southwest Rochester commercial building with marble tile exterior.
      1620 Greenview Dr SW, Rochester, MN 55902
      View Details
    • $1,500,000
      7.58 Acres

      Versatile Estate Near Rochester

      7.5+ acre estate with house, office, and outbuildings.
      6910 38Th Ave SE, Rochester, MN 55904
      View Details
    • Contact for pricing
      25,000 SF

      Rochester Multifamily Investment Opportunity

      28-unit apartment complex near Mayo Clinic's $5B project.
      1901 26Th Ave Northwest, Rochester, MN 55901
      View Details
    • $2,572,592
      2,970 SF

      NNN Leased US Bank

      NNN leased US Bank with 7+ years remaining.
      3376 Northern Valley Pl NE, Rochester, MN 55906
      View Details
    • Contact for pricing
      131,752 SF

      Rochester Retail Institution For Sale

      Grocery-anchored shopping center near Mayo Clinic with strong tenant mix.
      1315 6Th St NW, Rochester, MN 55901
      View Details
    • Contact for pricing
      25,727 SF

      Modern Office Space in Rochester

      Versatile office space in a rapidly growing Rochester sector.
      3038 Jeremiah Ln NW, Rochester, MN 55901
      View Details
    • $3,500,000
      15,021 SF

      Northwest Gateway Office Investment

      Class A office space near Mayo Clinic.
      975 34Th Ave NW, Rochester, MN 55901
      View Details
    • Contact for pricing
      29,108 SF

      Downtown Rochester Redevelopment Opportunity

      Prime location near Mayo Clinic and University of Minnesota Rochester.
      323 S Broadway Ave, Rochester, MN 55906
      View Details
    • $325,000
      1,465 SF

      Professional Condo Near Downtown

      Condo with five offices, parking, and modern finishes.
      300 3Rd Ave SE, Rochester, MN 55902
      View Details
    • $434,500
      2,925 SF

      Move-in Ready Townhome with Wet Bar

      Spotless 3-bedroom, 3-bath townhome with high-end finishes and updates.
      2308 Coral Ct NE, Rochester, MN 55906
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime Retail Space, 9,000+ SF, Maven on Broadway
    Where is this mixed-use property located?
    The property is located at 425 Broadway Ave Rochester, MN.
    What is the asking price?
    The asking price for this property is $25.
    (507) 289-8000
    Request Owner's contact information
    425 Broadway Ave Rochester, MN 55904
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    425 Broadway Ave
    Rochester, MN 55904
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    425 Broadway Ave Rochester, MN 55904
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.