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Downtown Corner Retail/Office Space
For Lease
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21 1st St SW, Rochester, MN

Newly renovated retail/office spaces in downtown location near Mayo Clinic.

Space Size1,022 SF - 10,929 SF
Lot Size0.49 Acres
Days on Market2500

Property Features for 21 1st St SW

General Information

Standard status Active
Size 1,022 SF - 10,929 SF
Lot size 0.49 Acres
Property subtype RETAIL

Spaces For Lease

at 21 1st St SW Contact us

Subway Level Office Space

Floor
Subway Level
Size
5,198 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Property Highlights: • Premium downtown corner overlooking Peace Plaza • Main...
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Multiple Spaces Available for Lease $25 – $35/SF/Yr

Floor
2
Size
3,233 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Property Highlights: • Premium downtown corner overlooking Peace Plaza • Main...
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Contact us

Multiple Spaces Available for Lease $30 – $35/SF/Yr

Floor
1
Size
3,677 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Property Highlights: • Premium downtown corner overlooking Peace Plaza • Main...
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Contact us

Multiple Spaces Available for Lease $18 – $20/SF/Yr

Floor
2
Size
1,022 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Property Highlights: • Premium downtown corner overlooking Peace Plaza • Main...
show more
Contact us

Multiple Spaces Available for Lease $20 – $30/SF/Yr

Floor
2
Size
10,929 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Property Highlights: • Premium downtown corner overlooking Peace Plaza • Main...
show more
Contact us
Listing Agency: Paramark Corporation
Listed By: Michael Busch
Source: Moodyscre
Added: Oct 17, 2019 Changed: Aug 8 Last Checked: May 20 at 8:44PM

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 Paramark Corporation

Investment Insights

Based on property information with market context.

This property offers premium downtown corner retail and office spaces overlooking Peace Plaza. The newly renovated spaces are located on the main floor, skyway, and subway levels. The property is situated one block from the Mayo Clinic.

Key Highlights

  • Located 1 block from Mayo Clinic
  • Premium downtown corner overlooking Peace Plaza
  • Newly renovated

Property Analytics

Current Use

Wells Fargo Home ... Loan Service Ryan Companies US Construction Company Wells Fargo Bank Bank Pinero Rebecca B Law Firm Wells Fargo Private ... Financial Advisor

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store HVAC Service Nail Salon Auto Repair Shop Storage Facility

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

7,290
Businesses Nearby
51k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 65% Dining 24% Shops & Services 10%
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 0.2 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 0.3 miles

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Newly renovated retail/office spaces in downtown location near Mayo Clinic.
Where is this retail space located?
The property is located at 21 1st St SW Rochester, MN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located 1 block from Mayo Clinic; Premium downtown corner overlooking Peace Plaza; Newly renovated
(507) 259-8244 Call to check price and availability
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