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Street-Level Retail Space
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15 1st St SE, Rochester, MN 55904

Downtown Rochester space with skyway access and connections to nearby hotels and event venues.

Property Size3,066 SF
Days on Market293

Property Features for 15 1st St SE

General Information

Standard status Active
Size 3,066 SF
Net Rentable 3,066 SF
Property subtype RETAIL
Lease Type SF/yr

Space & Availability

Available Space 3,066 SF
Contiguous Space 3,066 SF
Floor Ground

Amenities

Skyway access
Connected to Broadway Plaza Hotel & New Hilton Hotel and Event Center
Cross promotion opportunities
Listing Agency: Hamilton Real Estate
Listed By: Ari Kolas
Source: Moodyscre
Added: Oct 13, 2025 Changed: Jul 31 Last Checked: Jul 31 at 5:11PM

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 Hamilton Real Estate

Investment Insights

Based on property information with market context.

Street-level retail space offering 3,066 square feet in Downtown Rochester. The property provides skyway access to Downtown Medical Center and Mayo Civic Center, supporting connected pedestrian access through the area.

The space is within walking distance of Mayo Clinic and Mayo Civic Center and is connected to Broadway Plaza Hotel and the New Hilton Hotel and Event Center. The surrounding area includes 40,000 employees and millions of patients annually within walking distance, along with more than 35,000 guest rooms annually. Tenant improvement funds are available, and cross-promotion opportunities are noted with nearby hotels and event facilities.

Key Highlights

  • 3,066 square feet available on street level
  • Skyway access to Downtown Medical Center and Mayo Civic Center
  • Walking distance to Mayo Clinic and Mayo Civic Center

Property Analytics

Current Use

Chateau Theater Historic ... Theater & Performing Art Venue Broadway Plaza Apartment Building Historic Chateau Theatre Hotel & Motel Unity Yoga Rochester Gym & Fitness Center US Bank Mortgage Loan Service

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Catering Service Veterinary Clinic Butcher

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,210
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 63% Dining 27% Shops & Services 11%
Hotel Indigo Hotels & Casinos
14,302 visits/mo 0.2 miles
Taco Bell Dining
12,492 visits/mo 0.4 miles
Residence Inn by Marriott Rochester Mayo Clinic Area Hotels & Casinos
5,682 visits/mo 0.3 miles
Hilton Garden Inn Rochester Downtown Hotels & Casinos
5,597 visits/mo 0.2 miles
TownePlace Suites by Marriott Rochester Mayo Clinic Area Hotels & Casinos
5,005 visits/mo 0.5 miles

Demographics for 55904, MN

29,813
Population
12,984
Households
2.3
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
60.1 sq mi
ZIP Area
496
Density / Sq Mi
$76,434
Median Household Income
$47,250
Median Earnings
$1,253
Median Rent
$237,200
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
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Frequently Asked Questions

What type of property is this?
Retail space - Downtown Rochester space with skyway access and connections to nearby hotels and event venues.
Where is this retail space located?
The property is located at 15 1st St SE Rochester, MN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 3,066 square feet available on street level; Skyway access to Downtown Medical Center and Mayo Civic Center; Walking distance to Mayo Clinic and Mayo Civic Center
(507) 271-5553 Call to check price and availability
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