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Downtown Office Suite with Renovations
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21 1st St SW, Rochester, MN 55902

Newly renovated office suite with downtown corner views, configured to fit 3 to 9 people.

Property Size5,198 SF
Days on Market233

Property Features for 21 1st St SW

General Information

Standard status Active
Size 5,198 SF
Property subtype OFFICE
Listing Agency: Paramark Corporation
Listed By: Michael Busch
Source: Moodyscre
Added: Dec 11, 2025 Changed: Jul 26 Last Checked: Jul 31 at 9:04AM

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 newly renovated office suite offers a downtown corner outlook overlooking Peace Plaza and is configured to accommodate approximately 3 to 9 people. The building includes main floor, skyway, and subway retail/office space, supporting a connected layout for day-to-day access.

The property is located 1 block from Mayo Clinic, with the office positioned as a corner overlooking Peace Plaza.

The space is suited for small teams and professional use, with capacity for 3 to 9 people and access through the building’s main floor and connected levels.

Key Highlights

  • Newly renovated office suite with downtown corner views overlooking Peace Plaza
  • Includes main floor plus skyway and subway retail/office spaces
  • Located 1 block from Mayo Clinic

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

Location Intelligence

Trade Area within ½ mile

836
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
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Frequently Asked Questions

What type of property is this?
Office units - Newly renovated office suite with downtown corner views, configured to fit 3 to 9 people.
Where is this office units located?
The property is located at 21 1st St SW Rochester, MN.
What are key features of this property?
This property features: Newly renovated office suite with downtown corner views overlooking Peace Plaza; Includes main floor plus skyway and subway retail/office spaces; Located 1 block from Mayo Clinic
(507) 259-8244 Call to check price and availability
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