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    2450 Marion Rd Rochester, MN 55904

    Sponsored
    For Lease
    $6 SF/Yr

    Rochester, MN: 54,406 SF Flex Space

    Lot size:
    54,406 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Rochester, MN property, located at 2450 Marion Rd SE, offers 54,406 square feet of versatile space ideal for a variety of uses. The building, constructed in 1977, is a two-story structure encompassing 5 acres of land and classified as Class C. Currently, there is 46,756 square feet of vacant space available for lease or purchase. The property features ample on-site parking with 50 spaces. The zoning is commercial, and the APN is 631713035873. The building is currently configured as a multi-tenant property, with one tenant occupying 23,378 square feet on the second floor. This space will become available on November 1, 2024. An additional 23,378 square feet of vacant space is available immediately on the first floor. The property's flexible design makes it suitable for light manufacturing, warehousing and distribution, commercial services, or industrial operations. The property will require re-platting upon sale. This presents a unique opportunity to acquire a substantial industrial or creative office space in a prime Rochester location. The building's size, ample parking, and flexible zoning provide significant potential for various business ventures. The available space is divided into two suites, each comprising 23,378 square feet. This allows for flexibility in tenant occupancy and potential for expansion.

    Property Features for 2450 Marion Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,406 SF
    Class
    C
    Total Rate
    29469.92

    Building Details

    Year Built
    1977
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    2450 Marion Rd SE Suite 100
    Size
    23,378 SF
    Rate per SF
    $6
    Space
    Suite 200
    Size
    23,378 SF
    Rate per SF
    $6

    HighLights

    • Versatile industrial/commercial zoning allows for diverse uses.
    • Existing tenant provides immediate cash flow with significant expansion potential.
    • Ample on‑site parking.
    • Excellent Rochester, MN location on Marion Road with easy access to major transportation arteries.
    • Re‑platting opportunity allows for customized development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rosa Parks Charter ... Charter School Patfoci Technologies Inc Medical Clinic 160 Driving Academy ... Truck Driving School Thaddeus Medical Systems Medical Equipment Supplier Smart Labhood Solutions Manufacturer

    Suggested Use

    Realty agency Law Firm Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Accounting Firm Storage Facility Electrical Service Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4054236
    Latitude
    43.986097

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    FAQs

    What type of property is this?
    Office space - Rochester, MN: 54,406 SF Flex Space
    Where is this office space located?
    The property is located at 2450 Marion Rd Rochester, MN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Versatile industrial/commercial zoning allows for diverse uses.; Existing tenant provides immediate cash flow with significant expansion potential.; Ample on-site parking.
    Request Owner's contact information
    2450 Marion Rd Rochester, MN 55904
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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
    2450 Marion Rd Rochester, MN 55904
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