330 S Broadway Ave, Rochester, MN 55904

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Listing office Realty Growth, Inc b***@rgi-group.com Show Phone

Listing date Jun 23, 2026

Source Moodyscre

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Overview

This turnkey restaurant space is offered for sublease and includes build-out on both the main floor and basement. The interior features exposed brick and custom woodwork, with floating shelves and new flooring throughout. The kitchen and back-of-house are heavily set up for operations, including a commercial hood and ventilation, basement walk-in coolers, and a dishwashing pit. The space also includes a brand-new full bar, updated IT, and two bathrooms.

The property is located in the historic Kelley Building at 332 South Broadway in downtown Rochester, described as Rochester’s oldest brick building. It is positioned at a corner just steps from the Mayo Clinic campus, benefiting from significant daily pedestrian traffic. The sublease term runs through May 2028, and the owner notes that extended terms may be discussed. An equipment list is available upon request.

This setup is best suited for a restaurateur seeking a ready-to-operate arrangement with established kitchen systems and bar infrastructure already in place, along with basement support for cooler storage and dishwashing workflow. With the sublease term extending through May 2028, it offers a practical option for operators looking to open or relocate into a fully built restaurant environment.

Suggested Use

Big Box & Wholesale Store Auto Parts Store HVAC Service Nail Salon Department Store Kitchen & Bath Showroom Hair Salon Building Supply Storage Facility Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Rochester

County

Olmsted

State

Minnesota

Longitude

-92.4628397

Latitude

44.0194494

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FAQs

What type of property is this?

Conventional restaurant - Turnkey downtown Rochester restaurant sublease with full bar, commercial kitchen, and basement prep support.

Where is this conventional restaurant located?

The property is located at 330 S Broadway Ave Rochester, MN.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Turnkey restaurant sublease in the historic Kelley Building at 332 S Broadway, Rochester’s oldest brick building (constructed in 1857).; Main floor and basement build‑out with exposed brick and new flooring throughout.; Brand‑new full bar plus commercial hood and ventilation for food service operations.