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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
Value Estimation
Location Intelligence
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.

Current Use by Public Records

  • Victoria's Restaurant & Wine Bar / Italian Restaurant / Deli

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 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
-92.4652
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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