407 2Nd Ave NW, Rochester, MN 55901
For Sale
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This exceptional business opportunity presents a substantial 15,111 square foot commercial property ideally situated at 407 2nd Avenue NW in the vibrant city of Rochester, Minnesota. The property boasts a generous 0.52-acre lot, offering ample space for expansion, development, or outdoor activities related to the business. Located in Rochester, MN, this property benefits from the city's robust economy and thriving business environment. The asking price for this significant commercial asset is $10,000,000. The property's size and location make it suitable for a wide range of business ventures, from retail and office spaces to specialized commercial uses. Serious inquiries are encouraged to explore the potential of this prime commercial real estate offering. The substantial square footage provides significant flexibility for a variety of business plans and layouts. The 0.52-acre lot offers potential for future expansion or outdoor amenities. Given its location in Rochester, MN, this property benefits from a strong local economy and a well-established infrastructure. The property is ready for immediate occupancy, presenting a unique opportunity for a discerning investor or business owner seeking a significant presence in a thriving market. Detailed property information and specifications are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable location. Don't miss out on this chance to secure a prime asset in a growing market.
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Powrful Media Advertising Agency Marketing & Advertising
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We Feed Birds (Bike/Boat/Book/etc) Store Pet Store & Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.