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Property profile & analytics

14 2Nd St Rochester, MN 55902

  • Parking lots & garages
  • 25,990 SF
  • 0.59 lot acres
Value Estimation
Location Intelligence
Property ID
US46-1260975
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

  • The BlackRidge Group - Morgan Stanley / Investment Service / Financial Consultant
  • 2nd Street Parking Ramp / Parking Garage
  • Cardinal Stritch University / College / University
  • Paul L Peterman - Morgan Stanley / Investment Service / Financial Consultant
  • Kathleen M. Allison - Morgan Stanley / Financial Consultant / Investment Service

Property Details for 14 2Nd St

Year built
1981
Lot size
0.59 lot acres
Property size
25,990 SF
Property type
Parking lots & garages
APN
64.02.11.014329
APU
640211014329

Description

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.

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
-92.4621
Latitude
44.0209
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
2021
$0.00
$2,592,500
$3,869,400
$6,461,900
-
$2,592,500
$3,869,400
$6,461,900
More about this property
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