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    101 1St Ave SW Rochester, MN 55902

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    For Lease
    Contact for pricing

    Turn-key office/retail space near Mayo Clinic in downtown Rochester.

    Property size:
    1,744 SF
    Lot size:
    0.85 Acres

    Property Features for 101 1St Ave SW

    General Information

    Size
    1,744 SF
    Lot size
    0.85 Acres

    Source: Realty Growth, Inc Agent Bucky Beeman

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

    Overview

    Downtown Rochester Office/Retail Space

    This is approximately 1,744 square feet of turn-key office space (tenant to verify) located in the lower level of the Marriott Hotel. Situated steps from the Mayo Clinic, the space benefits from a location in the heart of Rochester’s downtown, which attracts both global visitors and local residents. The space is suitable for retail, corporate offices, or financial services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    laree boutique - women's ... Clothing Store Salute Wine Bar ... Restaurant Saladworks Caterer Baby Baby Clothing Store Down Town Tourist Attraction

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -92.4646751
    Latitude
    44.0222533

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    FAQs

    What type of property is this?
    Office space - Turn-key office/retail space near Mayo Clinic in downtown Rochester.
    Where is this office space located?
    The property is located at 101 1St Ave SW Rochester, MN.
    What are key features of this property?
    This property features: - Prime location in downtown Rochester, steps from Mayo Clinic.; - Turn-key office space, approximately 1,744 sq. ft.; - Located in the lower level of the Marriott Hotel.
    (507) 951-7130
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    101 1St Ave SW Rochester, MN 55902
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    Rochester, MN 55902
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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
    101 1St Ave SW Rochester, MN 55902
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