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$1,950,000

0 Beds 0 Baths 24,498 SQFT 0.85 Acres
Type: Commercial

2002 2nd Street SW
Rochester, MN 55902

MLS#: 7064606
Octavio Cortes
Octavio Cortes
The Real Estate Advantage
Realtor
Phone: 507.269.3787
Office: 651.272.4688
Presented by: Realty Growth Inc.

Property 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.


 

Interior Features

Bedrooms

Total Bedrooms0

Bathrooms

Total Baths0

Other Interior Features

Basement (Y/N)No
FuelNatural Gas

General

AccessibilityPartially Wheelchair
Additional Parcels Y/NNo
CityRochester
ContingencyNone
CountyOlmsted
Current UseCommercial, Event Space, Office, Other, Retail
DirectionsTraveling west on 2nd St from Broadway Ave you will find this property on the South side of the street
Garage Spaces0
HeatingForced Air
High School DistrictRochester
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total1
Possible UseOffice, Professional Service, Restaurant, Retail
PostalCityRochester
Property TypeCommercial Sale
RoofFlat
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCity Lands
Tax Annual Amount$40,063
Tax Year2026
UtilitiesElectric Separate, Heating Separate, Hot Water Separate
Virtual TourClick here
Year Built1969
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total24,498 sqft
Foundation Area24,498 sqft
InclusionsOther
Lot Dimensions130x281
Lot Size Area0 sqft
Parking FeaturesParking Lot
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$1,950,000

0 Beds 0 Baths 24,498 SQFT 0.85 Acres
Type: Commercial

2002 2nd Street SW
Rochester, MN 55902

MLS#: 7064606
Octavio Cortes
Octavio Cortes
The Real Estate Advantage
Realtor
Phone: 507.269.3787
Office: 651.272.4688