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13494845
13493675

332 South Broadway, Rochester, MN 55904

RB
MN MN 40149580
Realty Growth Incorporated
Listed by Realty Growth Incorporated
$12.21/SF/YR
20 days on market
Updated 20 days ago

The Historic Kelley Building

Building Details
Property Type Retail
Sub Type Restaurant
Tenancy Single
Lease Type NNN
Total Building SqFt 3,128

Spaces

Turnkey restaurant space with basement, commercial hood, walk-in coolers, dish pit, and full bar

Retail | Single tenant | 3,128 SqFt

Building description

Rare opportunity to sublease one of downtown Rochester's most celebrated restaurant spaces in the historic Kelley Building. Constructed in 1857 by the city's first physician, 332 South Broadway is Rochester's oldest brick building, offering an atmosphere that simply cannot be replicated.

This turnkey build-out occupies the main floor and basement, featuring exposed brick, custom woodwork, floating shelves, and new flooring throughout. The space is heavily infrastructured for a serious restaurateur to open quickly, boasting a brand-new full bar, commercial hood and ventilation, basement walk-in coolers, a dishwashing pit, two bathrooms, and updated IT.

Located just steps from the Mayo Clinic campus, this vibrant corner benefits from massive daily pedestrian traffic. The current sublease term runs through May 2028, with extended terms open for discussion. An equipment list is available upon request.

Building highlights

  • Turnkey Restaurant: 3,128 SF fully built-out restaurant space with main floor and basement.
  • Restaurant Ready: Commercial hood, walk-in coolers, dish pit, and newly built full bar,
  • Updated Systems: New electrical, plumbing, HVAC, and IT infrastructure (2021–2022 renovation).
  • Historic Character: Exposed brick, custom woodwork, floating shelves, and updated flooring.
  • Prime Downtown Location: High-visibility corner near the Mayo Clinic with strong foot traffic.
  • Flexible MX-D Zoning: Supports a variety of retail, restaurant, and commercial uses.

Listing Contacts

RB
MN MN 40149580
Realty Growth Incorporated
Listed by Realty Growth Incorporated

Map

Zoning

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MXD-BUS MixedMixed UseMixed Use Downtown Business
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

Property History

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Additional Information

Name
Robert Bucky Beeman
License
MN 40149580
Brokerage
Realty Growth Inc
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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