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Open-Concept Retail Warehouse Opportunity
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407 2nd Ave NW, Rochester, MN 55901

Expansive open-concept space with ADA access and 35 on-site parking spaces, located minutes from Downtown Rochester.

Property Size15,111 SF
Price / SF$85.70
Days on Market472

Property Features for 407 2nd Ave NW

General Information

Standard status Active
Size 15,111 SF
Total Parking Spaces 35
Property subtype RETAIL

Amenities

ADA accessible
Listing Agency: Realty Growth, Inc
Listed By: Bucky Beeman
Source: Moodyscre
Added: May 6, 2025 Changed: Aug 14 Last Checked: Aug 19 at 3:18PM

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 versatile commercial property features an expansive open-concept layout suitable for retail, warehouse, or mixed-use concepts. The building is ADA accessible and includes on-site parking for 35 spaces, supporting both customer and staff access.

The property is located just minutes from Downtown Rochester, with the address at 407 2nd Ave NW. Public remarks note it was formerly home to a well-known Rochester business.

According to the provided information, the property is within an approved zone on the Olmsted County Cannabis Map, and the owner is open to leasing to licensed cannabis-related businesses, subject to compliance with applicable local and state regulations.

Key Highlights

  • Minutes from Downtown Rochester, with an expansive open‑concept space for retail, warehouse, or mixed‑use.
  • On‑site parking for customers and staff, with 35 spaces.
  • ADA accessible for inclusive operations.

Property 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.

Location Intelligence

Trade Area within ½ mile

7,071
Businesses Nearby
58k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 81% Hotels & Casinos 15% Home Improvements & Furnishings 2% Shops & Services 2%
McDonald's Dining
21,172 visits/mo 0.5 miles
Taco Bell Dining
12,492 visits/mo 0.2 miles
Great Harvest Bread Co. Dining
5,772 visits/mo 0.2 miles
Residence Inn by Marriott Rochester Mayo Clinic Area Hotels & Casinos
5,682 visits/mo 0.3 miles
Moka Dining
4,910 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Expansive open-concept space with ADA access and 35 on-site parking spaces, located minutes from Downtown Rochester.
Where is this retail space located?
The property is located at 407 2nd Ave NW Rochester, MN.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Minutes from Downtown Rochester, with an expansive open‑concept space for retail, warehouse, or mixed‑use.; On‑site parking for customers and staff, with 35 spaces.; ADA accessible for inclusive operations.
(507) 951-7130 Call to check price and availability
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