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    1202-1/2 7Th St Rochester, MN 55901

    Sponsored
    For Lease
    $23 SF/Yr

    1252 sq ft Office, Coworking Ready

    Lot size:
    1,252 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,252 square foot office space, located at 1202 1/2 7th St NW #211 in Rochester, Minnesota, presents a unique opportunity for businesses seeking a blend of traditional office and coworking functionality. Situated on the second floor, this single-tenant space boasts a distinctive architectural feature: an open ceiling in the front area, creating an airy and inviting atmosphere. The layout is well-suited for teams or individuals needing ample space, and includes a dedicated conference room for private meetings or collaborative sessions. The property is classified as a Traditional Office and is also suitable for coworking arrangements. The address is conveniently located in Olmsted County, Minnesota, with the zip code 55901. This property offers a compelling combination of modern functionality and unique design elements, making it an ideal location for a variety of businesses. The space is ready for immediate occupancy. Further details regarding lease terms are available upon request.

    Property Features for 1202-1/2 7Th St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,252 SF

    Unit(s) available at that property

    Space
    Size
    1,252 SF
    Rate per SF
    $23

    HighLights

    • 1,252 SF office suite in Rochester, MN, ideal for traditional office or coworking use.
    • Second‑floor space features an open ceiling in the front area.
    • Includes a dedicated conference room.
    • Ample free parking, handicapped accessible with elevator, conveniently located near elevators and restrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4810533
    Latitude
    44.0309969

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    FAQs

    What type of property is this?
    Coworking space - 1252 sq ft Office, Coworking Ready
    Where is this coworking space located?
    The property is located at 1202-1/2 7Th St Rochester, MN.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 1,252 SF office suite in Rochester, MN, ideal for traditional office or coworking use.; Second-floor space features an open ceiling in the front area.; Includes a dedicated conference room.
    Request Owner's contact information
    1202-1/2 7Th St Rochester, MN 55901
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    Rochester, MN 55901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1202-1/2 7Th St Rochester, MN 55901
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