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Retail and Warehouse Flex Space
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407 2nd Ave NW, Rochester, MN 55901

Versatile flex building with an open retail-and-warehouse layout, ADA accessibility, and on-site parking.

Space Size10,739 SF
Days on Market640

Property Features for 407 2nd Ave NW

General Information

Standard status Active
Size 10,739 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Lowertown

Amenities

on-site parking
ADA accessibility

Spaces For Lease

at 407 2nd Ave NW
Leasable Retail and Warehouse Space for Lease or Sale $10/SF/Yr
Floor 1
Size 10,739 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Discover the potential of this versatile commercial property at 411 2nd Ave NW in Rochester, MN. Situated near Downtown Rochester, this location offers exceptional accessibility and convenience. Key features include: - On-site parking available - An expansive retail and warehouse space with an open floor concept. - ADA accessibility. This property has been home to a beloved Rochester business that is now entering its next chapter, creating an incredible opportunity for new possibilities. Whether you’re looking to establish a retail, warehouse, or mixed-use space, this property is ready to support your vision. For more information or to schedule a showing, reach out today!
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Listing Agency: Realty Growth, Inc
Listed By: Bucky Beeman · License #40149580
Source: Moodyscre
Added: Jan 28, 2025 Changed: Oct 25 Last Checked: Oct 28 at 8:57AM

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

Rey
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Investment Insights

Based on property information with market context.

This versatile commercial space at 407 2nd Ave NW in Rochester, MN combines retail and warehouse functionality in an open floor concept. The property is set up for flexible use and includes ADA accessibility and on-site parking for customers, tenants, and staff.

Located near Downtown Rochester, the site is positioned for convenient access to the surrounding area.

Ideal for tenants seeking a combined retail and warehouse setup, the layout supports a straightforward, open-plan configuration while accommodating day-to-day customer and operational needs.

Key Highlights

  • Versatile commercial property at 411 2nd Ave NW in Rochester, MN near Downtown Rochester
  • Expansive retail and warehouse space with an open floor concept
  • ADA accessibility

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Powrful Media Advertising Agency We Feed Birds (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Auto Parts Store Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Nail Salon

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,071
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55901, MN

58,046
Population
24,852
Households
2.3
Avg Household Size
36
Median Age
50%
College-Educated
94%
High-School Grad
33.1 sq mi
ZIP Area
1,754
Density / Sq Mi
$90,430
Median Household Income
$52,778
Median Earnings
$1,321
Median Rent
$290,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Rochester, MN

$12.77 /SF/Yr
Avg Asking Price
$10–$17.85 /SF/Yr
Price Range
7,512 SF
Avg Space Size

This space is priced 22% below the average of $12.77 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Versatile flex building with an open retail-and-warehouse layout, ADA accessibility, and on-site parking.
Where is this flex space located?
The property is located at 407 2nd Ave NW Rochester, MN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Versatile commercial property at 411 2nd Ave NW in Rochester, MN near Downtown Rochester; Expansive retail and warehouse space with an open floor concept; ADA accessibility
(507) 951-7130 Call to check price and availability
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