14 2nd SE St, Rochester, MN 55904-3736
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.
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The BlackRidge Group - Morgan Stanley Financial Advisor
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2nd Street Parking Ramp Parking Lot & Garage
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Cardinal Stritch University College University
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Paul L Peterman - Morgan Stanley Financial Advisor
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Kathleen M. Allison - Morgan Stanley Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.