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    1610 14Th St Rochester, MN 55901

    For Sale
    Contact for pricing

    Prime location, updated offices, ample space.

    Property size:
    12,771 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional low-rise office building at 1610 14th Street NW in Rochester, Minnesota, presents a unique opportunity for businesses seeking a sophisticated and functional workspace. The property encompasses a total of 12,771 square feet situated on a 0.58-acre lot. The first floor offers over 2,000 square feet of newly remodeled space, perfectly designed for optimal productivity and collaboration. This area features a spacious reception area, ideal for welcoming clients and guests, a dedicated conference room for meetings and presentations, and five private offices providing individual workspaces for enhanced focus. The modern aesthetic throughout creates a professional and inviting atmosphere. In addition to the first-floor space, a second-floor office suite is also available, totaling 383 square feet. This includes 282 square feet of dedicated office space and 101 square feet of shared common area. The building's prime location in Rochester offers easy access to amenities and transportation, making it an attractive option for businesses of all sizes. The asking price for this exceptional property is $18 million. This is a rare opportunity to secure a high-quality, updated office space in a desirable location. Don't miss out on the chance to elevate your business to a new level of success.

    Property Features for 1610 14Th St

    General Information

    Property type
    Residential income properties
    Square Feet
    12,771 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Health Insurance Advisors Insurance Broker Steven Kreul Chiropractor Life & Health Insurance ... Health Insurance Agency Sunset Detox Mental Health Service Fortress Financial Group Financial Planner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.48687
    Latitude
    44.03587

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    FAQs

    What type of property is this?
    Residential income property - Prime location, updated offices, ample space.
    Where is this residential income property located?
    The property is located at 1610 14Th St Rochester, MN.
    What is the asking price?
    The asking price for this property is $18.
    (507) 289-8000
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    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
    1610 14Th St Rochester, MN 55901
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