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Retail Space with Signage Options
For Lease
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123 16th Avenue SW, Rochester, MN 55902

Business/commercial zoning, parking, and convenient access support customer-facing retail use.

Space SizeContact for details
Property Size11,520 SF
Days on Market959

Property Features for 123 16th Avenue SW

General Information

Standard status Active
Size 11,520 SF
Zoning Business/Commercial
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $106,002

Amenities

signage options

Building Details

Building Size 11,520 SF
Year Built 2012
Units 2
Listing Agency: Realty Growth Inc.
Listed By: Robert Bucky Beeman · License #40149580
Source: Juverealestate
Added: Dec 27, 2023 Changed: Aug 11 Last Checked: Aug 12 at 12:51PM

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 11,520-square-foot retail space was built in 2012 and is available for lease. The property offers signage options, parking, and access suited to a customer-facing commercial setting, with business/commercial zoning supporting retail occupancy.

Located off 2nd Street near Highway 52, the space is also close to downtown Rochester and St. Mary's Hospital. Its Rochester, MN 55902 address places the property within an established commercial context with access to nearby employment, civic, and healthcare destinations.

Key Highlights

  • 11,520‑square‑foot retail space available for lease
  • Built in 2012
  • Business/commercial zoning

Property Analytics

Current Use

Cherry Berry Yogurt ... Cafe & Coffee Shop About Face Beauty, ... Cosmetic Store Altra Federal Credit ... Credit Union Edible Arrangements (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

885
Businesses Nearby
111k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 71% Groceries 13% Hotels & Casinos 12% Home Improvements & Furnishings 3%
McDonald's Dining
27,756 visits/mo 0.1 miles
Olive Garden Dining
22,126 visits/mo 0.5 miles
Fresh Thyme Market Groceries
14,543 visits/mo 0.2 miles
Denny's Dining
9,238 visits/mo 0.4 miles
KFC Dining
8,397 visits/mo 0.0 miles

Demographics for 55902, MN

25,878
Population
11,954
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
41.1 sq mi
ZIP Area
630
Density / Sq Mi
$111,879
Median Household Income
$68,869
Median Earnings
$1,580
Median Rent
$430,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Business/commercial zoning, parking, and convenient access support customer-facing retail use.
Where is this retail space located?
The property is located at 123 16th Avenue SW Rochester, MN.
What are key features of this property?
This property features: 11,520‑square‑foot retail space available for lease; Built in 2012; Business/commercial zoning
More about this property
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