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Mixed-Use Building with Commercial Kitchen
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For Lease
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2002 2nd St SW, Rochester, MN 55902

The multi-tenant property combines retail areas, private offices, two event halls, and substantial basement space.

Space Size24,498 SF
Days on Market4

Property Features for 2002 2nd St SW

General Information

Standard status Active
Size 24,498 SF
Total Parking Spaces 30
Property subtype RETAIL
Lease Type Modified Gross

Space & Availability

Space Use Office
Meeting Rooms 2

Additional Details

Public Transit Yes

Amenities

commercial grade kitchen

Building Details

Tenancy Multi

Spaces For Lease

at 2002 2nd St SW Contact us

Commercial Retail Building For Lease $20/SF/Yr

Floor
1
Size
24,498 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
• Prime Location: Situated on high-visibility 2nd Street SW, blocks from Mayo Clinic...
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Listing Agency: Realty Growth, Inc
Listed By: LeighAnn Peltoma
Source: Moodyscre
Added: Sep 26 Changed: Sep 27 Last Checked: Sep 28 at 1:20PM

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 24,498-square-foot mixed-use property has a multi-tenant layout with retail areas, private offices, two gathering halls, and a large basement. A commercial-grade kitchen and more than 30 dedicated parking spaces are on site.

The property at 2002 2nd St SW in Rochester is a few blocks from Mayo Clinic and Saint Mary's campuses. The planned 2.8-mile Link Rapid Transit line is routed along 2nd Street SW.

Key Highlights

  • 24,498‑square‑foot mixed‑use property
  • Multi‑tenant layout with retail areas and private offices
  • Two gathering halls and a large basement

Property Analytics

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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 Grocery & Convenience 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby
74k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 24% Groceries 20%
McDonald's Dining
27,756 visits/mo 0.5 miles
Kwik Trip Shops & Services
16,179 visits/mo 0.1 miles
Fresh Thyme Market Groceries
14,543 visits/mo 0.5 miles
KFC Dining
8,397 visits/mo 0.5 miles
Toppers Pizza Dining
3,204 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - The multi-tenant property combines retail areas, private offices, two event halls, and substantial basement space.
Where is this mixed-use property located?
The property is located at 2002 2nd St SW Rochester, MN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 24,498‑square‑foot mixed‑use property; Multi‑tenant layout with retail areas and private offices; Two gathering halls and a large basement
(507) 358-6577 Call to check price and availability
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