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    Property profile & analytics
    OFF-MARKET Estimated value $3,630,000
    Hotels

    7 1st SW Ave, Rochester, MN 55902-3033

    423,328 SF 1.89 ac lot Built 1900
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US46-1883893
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Victoria's Restaurant & Wine Bar Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.63M
    Owner & transaction history
    KAH 20 II AVENUE LLC
    KAH 20 II AVENUE LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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