Property summary
This exceptional 46,014 square foot low-rise commercial building, situated on a 0.35-acre lot at 14 2nd Street SW in Rochester, Minnesota, presents a unique opportunity for businesses seeking a prime downtown location. The property boasts a highly visible corner location at the intersection of South Broadway and 2nd Street SW, ensuring maximum exposure to potential customers. The building offers flexible lease options, ranging from approximately 2,707 square feet to nearly 15,000 square feet, catering to a variety of business needs, from restaurants and retail establishments to office spaces. Its strategic placement just two blocks from the Mayo Clinic guarantees significant foot traffic and a strong customer base. Further enhancing its appeal is convenient skyway access on both the north and south ends of the building, providing seamless connectivity and accessibility for employees and clients. This property offers an unparalleled chance to establish a thriving business in a vibrant and high-traffic area of Rochester's downtown core. The asking price is $22 million.
Property profile
VerifiedCap rate & NOI
Current use
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Financial Advisor
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Parking Lot & Garage
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College University
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Financial Advisor
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Financial Advisor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning