Two-Story Mixed-Use
For Sale
Contact for pricing
507 2nd Avenue, Rochester, MN 55901
Two-level property combines an upstairs apartment with ground-floor shop and storage space.
Property SizeContact for details
Days on Market143
Property Features for 507 2nd Avenue
General Information
Standard status
Active
Property subtype
Industrial, Land
Property Condition
Severity
Repairs Needed
Evidence
Property needs repair.
Building Details
Buildings
1
Stories
2
Listing Agency:
Coldwell Banker River Valley, REALTORS
Listed By:
Lynn Franko · License #MN
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 1:14AM
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 Coldwell Banker River Valley, REALTORS
Investment Insights
Based on property information with market context.
This two-story mixed-use property at 507 2nd Avenue in Rochester includes an upstairs apartment measuring 1,664 square feet. The ground floor is configured for shop and storage use, with a prior appliance-retail history. The building requires repair, making its existing layout an important consideration for a buyer evaluating the property.
The site is positioned near downtown and sits four blocks from Mayo Clinic Methodist Campus. Its combination of residential space above and commercial utility below provides a clearly defined mixed-use configuration within an established Rochester setting.
The site is positioned near downtown and sits four blocks from Mayo Clinic Methodist Campus. Its combination of residential space above and commercial utility below provides a clearly defined mixed-use configuration within an established Rochester setting.
Key Highlights
- 1,664‑square‑foot upstairs apartment
- Ground floor configured for shop and storage use
- Four blocks from Mayo Clinic Methodist Campus
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,071
Businesses Nearby
Explore this area
Business Placement
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 Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines an upstairs apartment with ground-floor shop and storage space.
Where is this mixed-use property located?
The property is located at 507 2nd Avenue Rochester, MN.
What are key features of this property?
This property features: 1,664‑square‑foot upstairs apartment; Ground floor configured for shop and storage use; Four blocks from Mayo Clinic Methodist Campus
