Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    217 14Th Ave Rochester, MN 55902

    Sponsored
    For Lease
    $25 SF/Yr

    Prime Rochester, MN location. Flexible spaces, high visibility.

    Lot size:
    665,268 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A mixed-use property, located at 217 14th Ave SW in Rochester, Minnesota (zip code 55902), offers a unique leasing opportunity. The Berkman building, constructed in 2018, boasts a total of 665,268 square feet across one building, situated on 2.77 acres of land. Multiple tenancy options are available, with a maximum contiguous space of 12,500 square feet and currently 15,224 square feet vacant. The property is ideal for retail, office, or restaurant uses, catering to traditional office, coworking, creative office, and executive office needs. The building features four elevators and ample parking with 560 spaces. The property's location offers high visibility and strong car counts, making it perfect for businesses seeking a vibrant downtown presence. The available space is situated on the first and second floors. The property's Assessed Parcel Number (APN) is 640312084104. This is a rare opportunity to secure space in a highly desirable area of Rochester.

    Property Features for 217 14Th Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    665,268 SF
    Class
    A
    Total Rate
    1413694.5

    Building Details

    Year Built
    2018
    Buildings
    1

    Unit(s) available at that property

    Space
    Main Floor Space
    Size
    2,724 SF
    Rate per SF
    $25
    Space
    Second Floor Space
    Size
    12,500 SF
    Rate per SF
    $300
    Property Profile Location Intelligence

    Current Use by Public Records

    Pamela Stead, Stead ... Real Estate Agent Chicky's Closet - Children's ... Clothing Store The Berkman Apartments - Public ... Parking Garage The Berkman Short Term ... Hotel Parking at The Berkman Parking Garage

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.484296
    Latitude
    44.0211786

    Nearby Similar for Lease

    • $18 SF/Yr
      2,942 SF

      Downtown Rochester Landmark Office Space

      Prestigious office building with skyway access and flexible floor plans.
      206 S Broadway, Rochester, MN 55904
      View Details
    • $18 SF/Yr
      37,979 SF

      Modern Office Space in Rochester

      Premier office spaces with modern facilities in a thriving location.
      975 34Th Avenue Ct Northwest, Rochester, MN 55901
      View Details
    • $2,500,000
      23,378 SF

      Versatile Industrial/Office Building in Rochester

      Adaptable space for manufacturing, warehousing, or commercial operations.
      2460 Marion Rd SE, Rochester, MN 55904
      View Details
    • $12 SF/Yr
      22,960 SF

      Retail Space in Cedarwood Mall

      End-cap retail space in high-traffic Rochester shopping center.
      4100 18Th Ave NW, Rochester, MN 55901
      View Details
    • $16 SF/Yr
      9,920 SF

      Adaptable Office/Industrial Space For Lease

      9,207 SF office building with flexible layout in Rochester, MN.
      3416 Lakeridge Pl NW, Rochester, MN 55901
      View Details
    • $8 SF/Yr
      10,642 SF

      Rochester Warehouse with Loading Dock

      Heated and cooled warehouse with loading dock and truck bays.
      2705 S 14Th St, Rochester, MN 55901
      View Details
    • $17 SF/Yr
      2,520 SF

      Retail Space in Lowertown District

      Standalone commercial building in Rochester's thriving Lowertown retail district.
      608 7Th St NW, Rochester, MN 55901
      View Details
    • Contact for pricing
      2,190 SF

      Prime Corner Retail with Drive-Thru

      High-visibility retail space with drive-thru on a corner lot.
      209 E Center St, Rochester, MN 55902
      View Details
    • $10 SF/Yr
      19,207 SF

      Rochester Commercial Building For Rent

      Centrally located office, showroom, and warehouse building with flexible floorplan.
      835 38Th St NW, Rochester, MN 55901
      View Details
    • $19 SF/Yr
      5,481 SF

      Turn-Key Retail Space Available

      Retail space in a busy shopping hub near Highway 52.
      24-44 17Th Ave NW, Rochester, MN 55901
      View Details
    • $26 SF/Yr
      3,100 SF

      High-End Commercial Space Available

      3,100 SF of high-end commercial space for lease.
      3750 Highway 52 N, Rochester, MN 55901
      View Details
    • Contact for pricing
      3,100,000 SF

      Rochester Tech Campus: Prime Space Available

      Multi-use industrial campus; large spaces available.
      2900 37Th St, Rochester, MN 55901
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Rochester, MN location. Flexible spaces, high visibility.
    Where is this restaurant located?
    The property is located at 217 14Th Ave Rochester, MN.
    What is the lease rate?
    The lease rate is $25-$300 SF/Yr.
    Request Owner's contact information
    217 14Th Ave Rochester, MN 55902
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    217 14Th Ave
    Rochester, MN 55902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    217 14Th Ave Rochester, MN 55902
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.