2nd St SW Free Standing Retail Building | 2002 2nd St SW
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2nd St SW Free Standing Retail Building 2002 2nd St SW
24,498 SF 89% Leased Retail Building Rochester, MN 55902 $2,700,000 ($110/SF)
Investment Highlights
- Prominent Location in Uptown Rochester
- Great visibility on 2nd Street SW
- Strong Traffic Counts and Demographics
Executive Summary
Property Overview
Available for lease or sale, this expansive commercial property offers a total of 24,498 sqft of versatile space. Located on 2nd St in the bustling Uptown neighborhood, this property boasts excellent visibility and accessibility, with a daily traffic count of 7,900 cars, making it an ideal location for a variety of business ventures.
Main Level
The main level spans 15,380 sqft and includes 2,800 sqft of vacant space ready for customization. This level features large display windows that flood the area with natural light, enhancing the unique architecture of the building. It includes a small kitchen, a meeting room with a fireplace, and several spaces already demised into smaller offices or retail areas, providing a flexible layout for various business needs.
Lower Level
The lower level also offers 9,118 sqft, equipped with a large kitchen, a dining hall with seating for 125 people, and restrooms with shower facilities. This level provides ample space to accommodate a wide range of activities and operational requirements.
Additional Features
The property includes a large parking lot with ample space for both employees and customers. An elevator ensures easy access between levels, enhancing convenience and accessibility. Its prime location on 2nd St in the Uptown neighborhood ensures high visibility and easy access for commuters and local traffic.
This property presents a rare opportunity for businesses seeking a substantial and flexible commercial space in a highly trafficked and vibrant area.
Available for lease or sale, this expansive commercial property offers a total of 24,498 sqft of versatile space. Located on 2nd St in the bustling Uptown neighborhood, this property boasts excellent visibility and accessibility, with a daily traffic count of 7,900 cars, making it an ideal location for a variety of business ventures.
Main Level
The main level spans 15,380 sqft and includes 2,800 sqft of vacant space ready for customization. This level features large display windows that flood the area with natural light, enhancing the unique architecture of the building. It includes a small kitchen, a meeting room with a fireplace, and several spaces already demised into smaller offices or retail areas, providing a flexible layout for various business needs.
Lower Level
The lower level also offers 9,118 sqft, equipped with a large kitchen, a dining hall with seating for 125 people, and restrooms with shower facilities. This level provides ample space to accommodate a wide range of activities and operational requirements.
Additional Features
The property includes a large parking lot with ample space for both employees and customers. An elevator ensures easy access between levels, enhancing convenience and accessibility. Its prime location on 2nd St in the Uptown neighborhood ensures high visibility and easy access for commuters and local traffic.
This property presents a rare opportunity for businesses seeking a substantial and flexible commercial space in a highly trafficked and vibrant area.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
24,498 SF
Building Class
C
Year Built
1969
Price
$2,700,000
Price Per SF
$110
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.66
Lot Size
0.85 AC
Zoning
MXT-COR
Parking
40 Spaces (1.63 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Fireplace
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 2 | 2,800 SF | Retail | In-Line | Now |
2
| Size |
| 2,800 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
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3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2
| Size | 2,800 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Walk Score®
Very Walkable (77)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 64.03.22.025830 | Improvements Assessment | $912,100 |
| Land Assessment | $443,700 | Total Assessment | $1,355,800 |
PROPERTY TAXES
Parcel Number
64.03.22.025830
Land Assessment
$443,700
Improvements Assessment
$912,100
Total Assessment
$1,355,800
1 of 79
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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2nd St SW Free Standing Retail Building | 2002 2nd St SW
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