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Downtown Rochester Office Space Available
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15 1st St SE, Rochester, MN

Office space in the heart of downtown Rochester.

Space Size2,327 SF - 3,066 SF
Lot Size0.35 Acres
Days on Market358

Property Features for 15 1st St SE

General Information

Standard status Active
Size 2,327 SF - 3,066 SF
Lot size 0.35 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 15 1st St SE Contact us

Broadway Plaza Restaurant/Retail $25/SF/Yr

Floor 1
Size 3,066 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- In the heart of Downtown Rochester - Walking distance to Mayo Clinic & Mayo Civic Center - Skyway access to enter Downtown Medical Center and Mayo Civic Center - 40,000 employees and Millions of patients a year within walking distance - Connected to Broadway Plaza Hotel & New Hilton Hotel and Event Center - Over 35,000 guest rooms annually - Numerous cross promotion opportunities - Tenant improvement funds available - 3,066 sqft available on street level
Contact us

Broadway Plaza $25/SF/Yr

Floor 2
Size 2,327 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- In the heart of Downtown Rochester - Walking distance to Mayo Clinic & Mayo Civic Center - Skyway access to enter Downtown Medical Center and Mayo Civic Center - 40,000 employees and Millions of patients a year within walking distance - Connected to Broadway Plaza Hotel & New Hilton Hotel and Event Center - Over 35,000 guest rooms annually - Numerous cross promotion opportunities - Tenant improvement funds available - 2,327 sqft available
Contact us
Listing Agency: Hamilton Real Estate
Listed By: Ari Kolas
Source: Moodyscre
Added: Oct 13, 2025 Changed: Sep 12 Last Checked: Oct 4 at 12:52PM

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.

Located in the heart of Downtown Rochester, this 2,327-square-foot office space is within walking distance of the Mayo Clinic and Mayo Civic Center. It offers skyway access to the Downtown Medical Center and Mayo Civic Center. The location benefits from proximity to 40,000 employees and millions of patients annually. The property is connected to the Broadway Plaza Hotel and the New Hilton Hotel and Event Center, which hosts over 35,000 guest rooms annually. Tenant improvement funds are available, and the location provides numerous cross-promotion opportunities.

Key Highlights

  • Prime Downtown Rochester location, walk to Mayo Clinic & Mayo Civic Center.
  • Skyway access to Downtown Medical Center and Mayo Civic Center.
  • High foot traffic area, with 40,000 employees and millions of patients annually.

Property Analytics

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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 Veterinary Clinic Butcher Carpet & Flooring Store

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Rochester, MN

$16.75 /SF/Yr
Avg Asking Price
$12–$23 /SF/Yr
Price Range
4,010 SF
Avg Space Size

This space is priced 49% above the average of $16.75 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space in the heart of downtown Rochester.
Where is this office units 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: Prime Downtown Rochester location, walk to Mayo Clinic & Mayo Civic Center.; Skyway access to Downtown Medical Center and Mayo Civic Center.; High foot traffic area, with 40,000 employees and millions of patients annually.
(507) 271-5553 Call to check price and availability
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