Technical
Financial
Distress signals
Property profile

7 1st SW Ave Rochester, MN 55902

OFF-MARKET
Hotels
Property ID
US46-1883893
423,328 SF 1.89 ac lot Built 1900
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional portfolio of office spaces in downtown Rochester, MN, totals 568,480 square feet across a 1.87-acre lot. Strategically located near the Mayo Clinic, these properties offer unparalleled visibility and accessibility. Spaces range from cozy 195 square foot suites to expansive 4,000 square foot options, catering to diverse business needs. All locations boast ADA accessibility, prime downtown access with proximity to parking, dining, and hotels. High pedestrian and vehicle traffic ensures maximum exposure for your business. Available spaces are adaptable to various uses, including retail, dining, office, and service industries. Specific suite sizes range from 195 to 4,000 square feet, with multiple options available within various buildings including the Kahler Grand Hotel and Marriott. Several spaces are located on 1st Avenue SW and Center Street, offering a variety of sizes and configurations to suit your business requirements. The location's proximity to the Mayo Clinic provides a constant flow of professionals and visitors, creating a vibrant and dynamic business environment. This is an unparalleled opportunity to establish a presence in one of Rochester's most sought-after commercial districts. Several suites are available within the Kahler Grand Hotel and Marriott, offering unique opportunities for businesses seeking high-profile locations. The diverse range of available spaces ensures a suitable option for businesses of all sizes and types.

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1900
Total area 423,328 SF
Lot 1.89 ac (82,241 SF)
APN 74.35.43.081707
UPID US46-1883893

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

7 1st SW Ave Rochester, MN 55902-3033
Rochester metro Census 100 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$3.63M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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