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    7 1st SW Ave Rochester, MN 55902-3033
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    Property profile & analytics

    7 1st SW Ave Rochester, MN 55902-3033


    • Hotels
    • 423,328 SF
    • 1.89 lot acres
    Off-Market
    Property ID
    US46-1883893
    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.

    Value Estimations
    $3,630,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Victoria's Restaurant & Wine Bar / Restaurant

    Property Details for 7 1st SW Ave

    Year built
    1900
    Lot size
    1.89 lot acres
    Property size
    423,328 SF
    Property type
    Hotels
    APN
    74.35.43.081707
    APU
    743543081707

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4652
    Latitude
    44.023
    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
    2023
    $835,554
    $8,678,700
    $18,338,300
    $27,017,000
    -
    $8,678,700
    $18,338,300
    $27,017,000
    More about this property
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