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Street-Level Office Units
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511 3rd Avenue SW, Rochester, MN 55902

Flexible commercial space is available on the ground floor of Residence at Discovery Square.

Property Size15,400 SF
Days on Market145

Property Features for 511 3rd Avenue SW

General Information

Standard status Active
Size 15,400 SF
Property subtype Office

Additional Details

Floor Street Level
Listing Agency: Core Real Estate Group
Listed By: Chad Behnken · License #40937342
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:36AM

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 Core Real Estate Group

Investment Insights

Based on property information with market context.

Residence at Discovery Square offers up to 15,400 square feet of flexible commercial space positioned at street level. The property is configured for office-oriented occupancy and is available for purchase.

The building is located at 511 3rd Avenue SW in Rochester, Minnesota, within the Discovery Square District. The street-level placement provides direct commercial presence within the building’s ground-floor layout.

Key Highlights

  • Up to 15,400 square feet of flexible commercial space
  • Street‑level commercial placement at Residence at Discovery Square
  • Located in Rochester’s Discovery Square District

Property Analytics

Current Use

Residence at Discovery Square Apartment Building The House of Shields Charitable Organization

Suggested Use

Top Pick HVAC Service Locksmith Catering Service Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher

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

7,277
Businesses Nearby

Demographics for 55902, MN

25,878
Population
11,954
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
41.1 sq mi
ZIP Area
630
Density / Sq Mi
$111,879
Median Household Income
$68,869
Median Earnings
$1,580
Median Rent
$430,100
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 - Flexible commercial space is available on the ground floor of Residence at Discovery Square.
Where is this office units located?
The property is located at 511 3rd Avenue SW Rochester, MN.
What are key features of this property?
This property features: Up to 15,400 square feet of flexible commercial space; Street‑level commercial placement at Residence at Discovery Square; Located in Rochester’s Discovery Square District
(507) 281-1002 Call to check price and availability
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