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Investment Highlights

  • Close to Downtown Rochester, MN
  • Retail and Warehouse Space
  • ADA Accessible
  • On Site Parking Available
  • Great Accessibility
  • Open Floor Concept

Executive Summary

**THIS PROPERTY IS FOR SALE OR LEASE**
Discover the potential of this versatile commercial property at 407 2nd Ave NW in Rochester, MN. Situated near Downtown Rochester, this location offers exceptional accessibility and convenience.
Key features include:
- On-site parking available ( 35 Stalls)
- An expansive retail and warehouse space with an open floor concept.
- ADA accessibility
This property has been home to a beloved Rochester business that is now entering its next chapter, creating an incredible opportunity for new possibilities. Whether you’re looking to establish a retail, warehouse, or mixed-use space, this property is ready to support your vision.
For more information or to schedule a showing, reach out today!
This property is located within an approved zone on the Olmsted County Cannabis Map. The owner is open to leasing to licensed cannabis-related businesses, subject to compliance with all applicable local and state regulations.

Property Facts

Price $1,699,000
Price Per SF $112.43
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Flex Showroom
  • General Retail Storefront
  • Industrial Warehouse
Building Class C
Lot Size 0.52 AC
Rentable Building Area 15,111 SF
No. Stories 1
Year Built/Renovated 1952/2016
Parking Ratio 2.32/1,000 SF
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning Commercial

Amenities

  • 24 Hour Access
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 5,918 SF
  • Retail
  • -
  • 60 Days
Space Size Space Use Condition Available
1st Floor 5,918 SF Retail - 60 Days

1st Floor

Size
5,918 SF
Space Use
Retail
Condition
-
Available
60 Days
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
40/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
74.35.42.018487
Land Assessment
$367,800
Improvements Assessment
$442,600
Total Assessment
$810,400
  • Listing ID: 35760357

  • Date on Market: 5/6/2025

  • Last Updated:

  • Address: 407 2nd Ave NW, Rochester, MN 55901

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