2002 2nd St SW

Rochester, MN 55902
  • $1,950,000

    Price
  • 24,498

    SqFt
  • 0.85

    Acre

About the Listing 26818 - 503516776

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.

Listing Highlights

Status Active
Days on Site 147
Property Type Commercial Sale
MLS ® 7064606
Year Built 1969
Total Square Footage 24,498
Lot/Acreage 0.85
County Olmsted
Neighborhood City Lands
School District Rochester

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: City Water/Connected

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 130x281
  • Zoning: Business/Commercial
  • Roof: Flat
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Parking Lot

Financial Details

  • Tax Amount: $40,063
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 640322025830
  • Tax Year: 2026

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

2002 2nd St SW Rochester, MN 55902

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Originating MLS: northstar

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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