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32203681
32203682

2002 2nd Street Southwest, Rochester, MN 55902 For Sale

JC
MN 503516776
RGI Group
RGI Group
Listed by RGI Group
$1,950,000
80 days on market
Updated 4 days ago

High Visibility Commercial Opportunity

Details
Property Type Retail, Office (+1)
Sub Type Storefront, Traditional Office
Square Footage 24,498
Units 30
Tenancy Multi
Year Built 1969
Buildings 1
Stories 2
Acreage 0.850
Parking Spaces 30 spaces
Parking per 1,000 SqFt 1.22
Ground Lease No

High Visibility Commercial Opportunity for Sale on 2nd Street

Marketing description

This versatile building features a robust layout designed for high-capacity use, including several retail spaces, two large gathering halls, an expansive basement with ample storage, and a commercial-grade kitchen. The interior is well-appointed with private offices and multiple gathering rooms, making it a highly functional asset for an owner-occupier or an investor. Ample onsite parking with over 30 dedicated spaces is a standout feature for this location, providing exceptional convenience in a busy commercial corridor. Currently home to multiple tenants, the property offers the immediate benefit of guaranteed income with significant room for specialized operations or expansion.

Positioned on the highly traveled 2nd Street SW, the property is situated directly on the route of the upcoming 2.8-mile "Link" Rapid Transit line, which will further enhance visibility and accessibility. This prime location is just blocks from the Mayo Clinic and Saint Marys campuses, placing it in the direct path of the historic $5 billion "Bold. Forward. Unbound." expansion. With easy access to major highways and proximity to a variety of established retail shops, this site is perfectly positioned to capitalize on Rochester’s massive economic momentum. This is an excellent opportunity to secure a significant footprint in one of the city’s most dynamic districts. Reach out with any questions—we can't wait to show it to you!

Investment highlights

30+ Onsite Parking Spaces

In-Place Rental Income

Commercial Kitchen & Halls

On the "Link" Rapid Transit Route

Blocks from Mayo Clinic Expansion

Expansive Storage & Office Space

Listing Contacts

JC
MN 503516776
RGI Group
RGI Group
Listed by RGI Group

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Additional Information

Name
Justin Collopy
License
503516776
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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