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    101 11Th Ave Rochester, MN 55902

    For Lease
    $10 SF/Yr ($2,257 /Mo)

    Downtown Retail Space - Available Now

    Lot size:
    2,580 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,580-square-foot retail space at 101 11th Ave SW presents a unique opportunity for a discerning business owner. Currently vacant and ready for immediate occupancy, this single-tenant property offers a blank canvas for your vision. The building's layout is highly adaptable, making it suitable for a wide range of retail or restaurant concepts. With its generous square footage, the space allows for ample room for product display, customer seating, and operational areas. The property's location on 11th Ave SW provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The building is structurally sound and well-maintained, minimizing upfront capital expenditures. This is an ideal opportunity to establish a thriving business in a vibrant and desirable location. The property is classified as commercial retail, offering a versatile space for various business types. The single-tenant occupancy ensures complete control and customization of the space. Serious inquiries are encouraged to explore the potential of this prime retail location and secure this exceptional opportunity. The property's size and location make it an attractive investment for businesses seeking a strong presence in a high-traffic area. Don't miss out on this chance to secure a prominent retail space in a thriving commercial district. Contact us today to schedule a viewing and begin planning your business's future in this exceptional property.

    Property Features for 101 11Th Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,580 SF
    Total Rate
    2257.5

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,580 SF
    Rate per SF
    $10

    HighLights

    • 2,580 square foot retail/restaurant space available for lease.
    • Single‑tenant occupancy.
    • Building totals 2,580 square feet, fully vacant.
    • Located at 101 11th Ave SW.
    Property Profile Location Intelligence

    Current Use by Public Records

    Starbucks Coffee Shop EVEN Kitchen & Bar Restaurant Staybridge Suites Rochester ... Wedding Venue EVEN Hotel Rochester ... Hotel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.479331
    Latitude
    44.0222089

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    FAQs

    What type of property is this?
    Restaurant - Downtown Retail Space - Available Now
    Where is this restaurant located?
    The property is located at 101 11Th Ave Rochester, MN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 2,580 square foot retail/restaurant space available for lease.; Single-tenant occupancy.; Building totals 2,580 square feet, fully vacant.
    Request Owner's contact information
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    Rochester, MN 55902
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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
    101 11Th Ave Rochester, MN 55902
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