2002 2nd ST SW, Rochester, MN 55902
2002 2nd ST SW, Rochester, MN 55902
2002 2nd ST SW, Rochester, MN 55902
2002 2nd ST SW, Rochester, MN 55902
2002 2nd ST SW, Rochester, MN 55902
2002 2nd ST SW, Rochester, MN 55902
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$ 2,500,000
Est. payment | /mo

0.85 Acres Lot


$ 2,500,000
Est. payment | /mo

0.85 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision City Lands

MLS Listing ID 7064606

Year Built 1969

Annual Tax Amount $40,063

Tax Year 2026

Contingent None

Lot Size 0.848 Acres

Lot Dimensions 130x281

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.

Location

State MN

County Olmsted

Zoning Business/Commercial

Interior

Heating Forced Air

Inclusions Other

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Flat

Present Use Commercial,Event Space,Office,Other,Retail

Building

Foundation 24498

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District Rochester

Others

Virtual Tour https://player.vimeo.com/video/919787782

Listed by Justin Collopy • Realty Growth Inc.
Nearby Locations
Joe Mack

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2002 2nd ST SW