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    Property profile & analytics

    211 Broadway Ave Rochester, MN 55904

    • Commercial real estate
    • 6,600 SF
    • 0.07 lot acres
    For Lease
    View listing
    $18,000 /Mo
    Value Estimation
    Location Intelligence
    Property ID
    US46-1923368
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ginny's Fine Fabrics / Fabric Store

    Property Details for 211 Broadway Ave

    Year built
    1879
    Lot size
    0.07 lot acres
    Property size
    6,600 SF
    Property type
    Commercial real estate
    APN
    64.02.11.082434
    APU
    640211082434

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4635
    Latitude
    44.0211
    CBSA code
    40340
    CBSA name
    ROCHESTER, MN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $28,169
    $362,800
    $630,300
    $993,100
    -
    $362,800
    $630,300
    $993,100

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    211 Broadway Ave
    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
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