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    5231 Frontage Rd Rochester, MN 55901

    Sponsored
    For Lease
    $27,000

    975 sq ft Retail/Office Space in Rochester, MN

    Lot size:
    8,934 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 975-square-foot retail or office space is located in the Wallin Building (Newt's North) in Rochester, Minnesota. Situated at 5231 E Frontage Rd, zip code 55901, this unit offers a convenient location with ample parking. Built in 1989, the two-story Wallin Building boasts a total of 8,934 square feet and 49 parking spaces. This particular suite features a private entrance, providing ease of access and privacy for your business. The layout includes two separate offices, a large storage area, and a spacious lobby or reception area, currently utilized as a third office. The open floor plan offers flexibility and allows for customization to suit your specific needs. Shared bathrooms are conveniently located within the building. This space is immediately available and represents a fantastic opportunity for a business seeking a well-located, adaptable space in a well-maintained building within Olmsted County. The minimum divisible space is 975 square feet, and the maximum contiguous space available is also 975 square feet. This is one of four suites in the building. The property offers a unique blend of convenience and functionality, making it an ideal location for a variety of businesses. Don't miss this chance to establish your presence in a thriving Rochester community.

    Property Features for 5231 Frontage Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,934 SF
    Total Rate
    27000

    Building Details

    Year Built
    1989
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 103
    Size
    975 SF
    Rate per SF
    $27,000

    HighLights

    • 1989 Construction.
    • 8,934 SF Building.
    • 975 SF Available for Lease.
    • $2,250/Month Modified Gross Rent.
    • High Traffic Location: 6,700 AADT on E Frontage Rd, 53,968 AADT on Hwy 52.
    Property Profile Location Intelligence

    Current Use by Public Records

    Edward Jones Financial Planner Newt's North Restaurant Marquardt Roger A MD Doctor Back To Health Chiropractic ... Chiropractor

    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
    -92.505919569583
    Latitude
    44.077452157819

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    FAQs

    What type of property is this?
    Office space - 975 sq ft Retail/Office Space in Rochester, MN
    Where is this office space located?
    The property is located at 5231 Frontage Rd Rochester, MN.
    What is the lease rate?
    The lease rate is $27,000.
    What are key features of this property?
    This property features: 1989 Construction.; 8,934 SF Building.; 975 SF Available for Lease.
    Request Owner's contact information
    5231 Frontage Rd 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
    5231 Frontage Rd Rochester, MN 55901
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