115 16Th Ave Rochester, MN 55901
- Retail properties
- 73,242 SF
- 5.45 lot acres
Current Use by Public Records
- Bethany Ganz / Nurse Practitioner
- Miracle Mile / Shopping Mall
Property Details for 115 16Th Ave
- Year built
- 1979
- Lot size
- 5.45 lot acres
- Property size
- 73,242 SF
- Property type
- Retail properties
Description
This exceptional Rochester, MN retail property boasts 73,242 square feet on a 5.45-acre lot, offering multiple spaces ideal for diverse businesses. Its prime location near St. Mary's Hospital (part of the Mayo Clinic) and a major highway ensures high visibility and traffic. The property features large display windows for optimal showcasing, ample parking, and ADA-compliant access. Recent upgrades include a new roof (2024) and a modernized façade (approximately five years ago). The versatile spaces are perfect for retail, office, dining, medical, education, podcasting, or health and wellness businesses, offering open layouts ready for custom build-outs. This is an excellent opportunity for both national and local businesses. The property also includes two additional buildings at 36 17th Ave NW (5,481 sq ft) and 116 17th Ave NW (5,035 sq ft), all situated in the thriving Miracle Mile area, surrounded by numerous retail stores, grocery stores, hotels, restaurants, and convenience stores. This location offers unparalleled convenience and accessibility, making it an exceptional investment opportunity. The property's size, location, and recent upgrades make it a highly desirable option for businesses seeking a prominent presence in Rochester.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.4864
- Latitude
- 44.0247
