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Versatile Commercial Property Near Downtown
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407 2nd Ave NW, Rochester, MN

Adaptable space suitable for retail, warehouse, or mixed-use ventures.

Space Size10,739 SF
Lot Size0.52 Acres
Days on Market568

Property Features for 407 2nd Ave NW

General Information

Standard status Active
Size 10,739 SF
Lot size 0.52 Acres
Property subtype RETAIL

Spaces For Lease

at 407 2nd Ave NW Contact us

Leasable Retail and Warehouse Space for Lease or Sale $10/SF/Yr

Floor
1
Size
10,739 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Discover the potential of this versatile commercial property at 411 2nd Ave NW in...
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Listing Agency: Realty Growth, Inc
Listed By: Bucky Beeman
Source: Moodyscre
Added: Jan 28, 2025 Changed: Aug 8 Last Checked: May 20 at 8:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Growth, Inc

Investment Insights

Based on property information with market context.

This commercial property is located minutes from Downtown Rochester. The property offers accessibility and on-site parking with 35 spaces. The expansive open-concept space is suitable for retail, warehouse, or mixed-use purposes. It is ADA accessible. The property was formerly home to a well-known Rochester business. The property is located within an approved zone on the Olmsted County Cannabis Map, and the owner is open to leasing to licensed cannabis-related businesses, subject to compliance with all applicable local and state regulations. The property contains 15,111 square feet.

Key Highlights

  • Excellent Location: Minutes from Downtown Rochester with exceptional accessibility.
  • Ample On‑Site Parking: 35 spaces available for customers and staff.
  • Versatile Open‑Concept Space: Suitable for retail, warehouse, or mixed‑use purposes.

Property Analytics

Current Use

Powrful Media Advertising Agency We Feed Birds (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Auto Parts Store Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,071
Businesses Nearby

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Adaptable space suitable for retail, warehouse, or mixed-use ventures.
Where is this retail space located?
The property is located at 407 2nd Ave NW Rochester, MN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Excellent Location: Minutes from Downtown Rochester with exceptional accessibility.; Ample On‑Site Parking: 35 spaces available for customers and staff.; Versatile Open‑Concept Space: **Suitable for retail, warehouse, or mixed‑use purposes.**
(507) 951-7130 Call to check price and availability
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