Flex Warehouse with Office
6256 34th Avenue Northwest Rochester, MN 55901
6256 34th Avenue Northwest, Rochester, MN, 55901
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For Sale
Contact for pricing
Two-building flex property offers private office space and approximately 10,000 SF of warehouse with overhead garage doors.
Property Size19,000 SF
Price / SF$115.79
Days on Market22
Property Features for 6256 34th Avenue Northwest
General Information
- Standard status
- Active
- Size
- 19,000 SF
- Property subtype
- Office, Industrial
Listing agency
Hamilton Real Estate Group
(507) 281-1002
Listed by
Andy Bianco · License #40976637
Source
Crexi
Added: Jul 2 Updated: Jul 23 at 1:34AM Checked: Jul 23 at 1:34AM
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 Hamilton Real Estate Group
Investment Insights
Based on property information with market context.
This for-sale flex property consists of two buildings totaling approximately 19,000 SF, combining office, warehouse, and operational space. The office component includes 14 private offices and a large bullpen/workspace area, with conference room potential and a flexible floor plan that can support a variety of business configurations.
The warehouse area totals approximately 10,000 SF and is designed for storage, operations, light distribution, or shop use, with 12' overhead garage doors and a 16' peak ceiling height. Front-door parking is available for employees, customers, and visitors.
The layout is suited for an owner-occupant to occupy the entire property or reconfigure for multiple users. The property is located along one of Rochester’s fastest-growing commercial corridors, with excellent access and visibility and quick connections to Highway 52.
The warehouse area totals approximately 10,000 SF and is designed for storage, operations, light distribution, or shop use, with 12' overhead garage doors and a 16' peak ceiling height. Front-door parking is available for employees, customers, and visitors.
The layout is suited for an owner-occupant to occupy the entire property or reconfigure for multiple users. The property is located along one of Rochester’s fastest-growing commercial corridors, with excellent access and visibility and quick connections to Highway 52.
Key Highlights
- Two‑building flex property totaling approx. 19,000 SF with office, warehouse, and operational space
- +/- 10,000 SF warehouse space with 12' overhead garage doors and 16' peak ceiling height
- +/- 9,000 SF office space with 14 private offices and a large bullpen/workspace area
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $250.8k | $13.20 |
| − Vacancy | −$11.3k | −$0.59 |
| EGI | $239.5k | $12.61 |
| − OpEx | −$83.8k | −$4.41 |
| NOI | $155.7k | $8.19 |
19,000 SF · lease $13.20/SF/yr · vacancy 4.50% · expense 35.00%
Alternative Uses
Best Use
Office B
$5.00M
$4.38M – $5.84M
NOI $350,123 @ 7.0% cap · market cap 15.91%
Second Best
Flex RnD
$2.22M
$1.95M – $2.59M
NOI $155,684 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$7.32M
$6.40M – $8.54M
NOI $512,252 @ 7.0% cap · market cap 23.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two-building flex property offers private office space and approximately 10,000 SF of warehouse with overhead garage doors.
Where is this flex space located?
The property is located at 6256 34th Avenue Northwest Rochester, MN.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Two‑building flex property totaling approx. 19,000 SF with office, warehouse, and operational space; +/- 10,000 SF warehouse space with 12' overhead garage doors and 16' peak ceiling height; +/- 9,000 SF office space with 14 private offices and a large bullpen/workspace area
