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    211 Broadway Ave Rochester, MN 55904

    Sponsored
    For Lease
    $18,000 /Mo ($270 SF/Yr)

    800 sq ft Executive Office Suite

    Lot size:
    800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 800-square-foot executive office suite is available for lease in the heart of Rochester, Minnesota. Located on the second level of the historic Kerstens building at 211 Broadway Ave S, 55904, this property offers convenient access via the city's Skyway system. Built in 1878, this two-story building sits on a 3,133-square-foot lot and is zoned for commercial/office use (APN: 64.02.11.082434). The space features a thoughtful layout including private offices, a conference room, and a convenient storage room equipped with a sink. Each office boasts sliding doors, interior windows, and built-in shelving, creating efficient and private workspaces. Large front windows provide inspiring views of Broadway Avenue. The entire 800 square feet is available in a single tenancy. This is a unique opportunity to establish your business in a prime downtown location with excellent accessibility and historical charm. The property is part of a single-building complex.

    Property Features for 211 Broadway Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    800 SF
    Total Rate
    18000

    Building Details

    Year Built
    1878
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 2
    Size
    800 SF
    Rate per SF
    $18,000

    HighLights

    • 800 SF executive suite available for lease in downtown Rochester, MN.
    • Located on the second floor of the historic Kerstens Building at 211 Broadway Ave S, 55904.
    • Features private offices, conference room, and storage room with sink.
    • Offers large windows, built‑in shelving, and sliding doors in each office.
    • Skyway access provides climate‑controlled connectivity to other downtown businesses.
    • Move‑in ready condition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ginny's Fine Fabrics Fabric Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply 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
    -92.4635246
    Latitude
    44.0211253

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    FAQs

    What type of property is this?
    Office Property / Space - 800 sq ft Executive Office Suite
    Where is this office property / space located?
    The property is located at 211 Broadway Ave Rochester, MN.
    What is the lease rate?
    The lease rate is $18,000 /Mo.
    What are key features of this property?
    This property features: 800 SF executive suite available for lease in downtown Rochester, MN.; Located on the second floor of the historic Kerstens Building at 211 Broadway Ave S, 55904.; Features private offices, conference room, and storage room with sink.
    Request Owner's contact information
    211 Broadway Ave Rochester, MN 55904
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    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
    211 Broadway Ave Rochester, MN 55904
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