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Downtown Corner Retail Space
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21 1st St SW, Rochester, MN 55902

Renovated commercial space with main-floor, skyway, and subway-level configurations near Mayo Clinic.

Property Size3,233 SF
Days on Market2481

Property Features for 21 1st St SW

General Information

Standard status Active
Size 3,233 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Space Use Retail/Office
Listing Agency: Paramark Corporation
Listed By: Michael Busch
Source: Moodyscre
Added: Oct 17, 2019 Changed: Jul 31 Last Checked: Aug 1 at 4:48AM

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 3,233-square-foot retail property occupies a downtown corner at 21 1st St SW in Rochester, Minnesota. The space was newly renovated and offers configurations across the main floor, skyway, and subway levels, supporting retail or office use.

The property overlooks Peace Plaza and is located 1 block from Mayo Clinic, placing the space within a downtown setting with access to multiple levels of commercial occupancy.

Key Highlights

  • 3,233‑square‑foot retail property
  • Downtown corner overlooking Peace Plaza
  • Main‑floor, skyway, and subway retail/office spaces

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

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?
Retail space - Renovated commercial space with main-floor, skyway, and subway-level configurations 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: 3,233‑square‑foot retail property; Downtown corner overlooking Peace Plaza; Main‑floor, skyway, and subway retail/office spaces
(507) 259-8244 Call to check price and availability
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