Building Details

Year Built 1969

Units 1

Listing Agency: Realty Growth Inc. b***@rgi-group.com Show Phone

Listed By: Robert Bucky Beeman · License #40149580 Show Phone

Source: Ivyrealestategroup

Added: Apr 3 Changed: Aug 23 Last Checked: Aug 23 at 8:07AM

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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 commercial condo unit is located in downtown Rochester and offers skyway access to downtown amenities, businesses, and parking. The property benefits from high foot traffic and is situated steps away from the Mayo Clinic. The layout includes private offices, open workspaces, and conference rooms, offering a flexible space for various business needs. The building exterior was recently renovated in 2020. The property is located on Broadway Ave S and features large windows providing prime visibility. The location is ideal for professional services, retail, or mixed-use businesses. Neighboring businesses include the Rochester Chamber of Commerce, Rochester Area Economic Development Initiative, CRAVE restaurant, and Hotel Indigo.

Key Highlights

• Prime visibility with large windows on Broadway Ave S
• Skyway access to downtown amenities, businesses, and parking
• High foot traffic area steps away from Mayo Clinic

Property Analytics

Property Profile

Current Use

Wild Animal Catcher ... Animal Shelter Hubsource jobs, internships, ... Employment Agency Invoice Factoring Rochester ... Business Broker Greater Rochester Arts ... Charitable Organization Defense Tax Group ... Tax Preparation

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Catering Service Butcher Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

7,242

Businesses Nearby

Explore this area Business Placement

Demographics for 55904, MN

29,813

Population

12,984

Households

2.3

Avg Household Size

35

Median Age

37%

College-Educated

93%

High-School Grad

60.1 sq mi

ZIP Area

496

Density / Sq Mi

$76,434

Median Household Income

$47,250

Median Earnings

$1,253

Median Rent

$237,200

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 - Premium business space in the heart of downtown Rochester.

Where is this office units located?

The property is located at 220 Broadway Avenue S Rochester, MN.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Prime visibility with large windows on Broadway Ave S; Skyway access to downtown amenities, businesses, and parking; High foot traffic area steps away from Mayo Clinic