Search
Mixed-Use Building with Gathering Halls
For Sale
$1,950,000

2002 2nd St SW, Rochester, MN 55902

Includes retail areas, gathering rooms, private offices, storage, and a commercial kitchen.

Property Size24,498 SF
Price / SF$79.60
Days on Market36

Property Features for 2002 2nd St SW

General Information

Standard status Active
Size 24,498 SF

Additional Details

Highway Access Yes

Amenities

commercial-grade kitchen
private offices
gathering halls
gathering rooms
expansive basement with ample storage

Building Details

Year Built 1969
Tenancy Multi
Listing Agency: Realty Growth Inc.
Listed By: Justin Collopy
Source: Homesminn
Added: Jul 25 Changed: Aug 29 Last Checked: Aug 25 at 4:52AM

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.

Built in 1969, this mixed-use property combines several retail spaces with two large gathering halls, multiple additional gathering rooms, private offices, and an expansive basement used for storage. A commercial-grade kitchen adds functional support for the building’s event and operational areas. The property is currently occupied by multiple tenants and includes more than 30 dedicated onsite parking spaces.

Located at 2002 2nd St SW in Rochester, the building sits on 2nd Street SW along the planned 2.8-mile Link Rapid Transit route. Mayo Clinic and Saint Marys campuses are located just blocks away, while access to major highways and established retail shops adds to the surrounding commercial context.

Key Highlights

  • Two large gathering halls plus multiple additional gathering rooms
  • Commercial‑grade kitchen and expansive basement storage
  • More than 30 dedicated onsite parking spaces

Property Analytics

Current Use

Scottish Rite Temple ... Volunteer Organization Rochester Lodge No. ... Volunteer Organization Southwest Church of Christ Church Herring Art & Frame (Bike/Boat/Book/etc) Store Grant MacArthur Pickers Discount Store

Suggested Use

Top Pick Hair Salon Electrical Service Nail Salon Kitchen & Bath Showroom HVAC Service Barber Shop

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 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?
Mixed-use property - Includes retail areas, gathering rooms, private offices, storage, and a commercial kitchen.
Where is this mixed-use property located?
The property is located at 2002 2nd St SW Rochester, MN.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Two large gathering halls plus multiple additional gathering rooms; Commercial‑grade kitchen and expansive basement storage; More than 30 dedicated onsite parking spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message