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    24-44 17Th Ave NW Rochester, MN 55901

    For Lease
    $19 SF/Yr ($8,678 /Mo)

    Retail space in a busy shopping hub near Highway 52.

    Property size:
    5,481 SF
    Lot size:
    5.45 Acres

    Property Features for 24-44 17Th Ave NW

    General Information

    Size
    5,481 SF
    Lot size
    5.45 Acres

    Source: Realty Growth, Inc Agent Bucky Beeman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Retail Space Available

    This approximately 5,481 square foot retail space is located in the Miracle Mile Center, a shopping hub adjacent to Highway 52. The location provides exposure and ample parking. The space is suitable for retail, offices, food services, or corporate operations. It is located blocks from St. Marys Hospital and a short drive from Mayo Clinic, surrounded by commercial and residential areas. The property is designed to accommodate all patrons and employees with ease of access. The location is close to restaurants, retail shops, hotels, and residential areas.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4868575
    Latitude
    44.0238726

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    FAQs

    What type of property is this?
    Retail space - Retail space in a busy shopping hub near Highway 52.
    Where is this retail space located?
    The property is located at 24-44 17Th Ave NW Rochester, MN.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the Miracle Mile Center, adjacent to Highway 52.; - High visibility with maximum exposure to traffic on Highway 52.; - Ample on-site parking for customers and staff.
    (507) 951-7130
    Request Owner's contact information
    24-44 17Th Ave NW Rochester, MN 55901
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    Rochester, MN 55901
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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
    24-44 17Th Ave NW Rochester, MN 55901
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