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    16 2Nd St SW Rochester, MN 55904

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    For Lease
    $22 SF/Yr ($12,268 /Mo)

    Creative office and retail space with unmatched street exposure.

    Property size:
    6,692 SF
    Lot size:
    0.34 Acres

    Property Features for 16 2Nd St SW

    General Information

    Size
    6,692 SF
    Lot size
    0.34 Acres

    Source: Cushman & Wakefield Agent Amber Vickerman

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

    Overview

    Downtown Rochester Retail/Office Opportunity

    This property offers a creative office and unique retail opportunity in downtown Rochester. The available second-generation spaces are in good condition. The building benefits from its location adjacent to the skyway and subway systems, providing convenient access and high visibility. The property has unmatched street exposure. The property size is 6692 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rent Me & My ... Mover

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office 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
    -92.4639163
    Latitude
    44.0214287

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    FAQs

    What type of property is this?
    Office space - Creative office and retail space with unmatched street exposure.
    Where is this office space located?
    The property is located at 16 2Nd St SW Rochester, MN.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Unmatched street exposure; - Great location in downtown Rochester; - Creative office & unique retail opportunity
    (763) 302-9337
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    16 2Nd St SW Rochester, MN 55904
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    Rochester, MN 55904
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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
    16 2Nd St SW Rochester, MN 55904
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