For Lease
$25/SF/YR

425 Broadway Ave Rochester, MN 55904

Prime Retail/Restaurant Opportunity, 9,347 SF Available

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional retail opportunity encompasses 9,347 square feet of vacant space within the prestigious Maven on Broadway building in downtown Rochester, Minnesota. Located at 425 Broadway Ave S, this property boasts a total building size of 190,834 square feet, spread across six stories in a single, 2018-constructed building situated on a 1.32-acre lot (APN 640212084145). The space is divisible into units as small as 1,918 square feet, offering flexibility for various business models. The property is zoned 3a COMMERCIAL PREFERENTIAL, allowing for a wide range of uses. While the building offers no on-site parking, its prime downtown location provides easy access to public transportation and ample nearby parking options. This completely raw space presents a unique chance to create a custom design, perfectly tailored to your specific needs. The high visibility location within a thriving downtown area, coupled with the building's modern construction and desirable address, makes this an unparalleled investment opportunity. Property taxes are $3.70 per square foot. This is a blank canvas awaiting a visionary entrepreneur to establish a thriving business in the heart of Rochester.

Highlights

  • 9,347 SF of vacant retail space available in the Maven on Broadway building, downtown Rochester, MN.
  • Located at 425 Broadway Ave S, this space is divisible into units as small as 1,918 SF.
  • Zoned 3a COMMERCIAL PREFERENTIAL, ideal for retail or restaurant/bar use.
  • High-visibility location in a thriving downtown area with easy access to public transportation and ample nearby parking.
  • Property taxes are $3.70/SF.

Property Details for 425 Broadway Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
190,834 SF
Year Built
2018
Buildings
1
Stories
6

Unit(s) available at that property

Space
Main Floor Commercial Space
Size
9,347 SF
Rate per SF
$25

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.018268
Longitude
-92.463771

FAQs

What type of property is this?
Retail property - Prime Retail/Restaurant Opportunity, 9,347 SF Available
Where is the retail property located?
The property is located at 425 Broadway Ave Rochester, MN.
What is the lease rate?
The lease rate is $25/SF/YR.
What are key features of this property?
This property features: 9,347 SF of vacant retail space available in the Maven on Broadway building, downtown Rochester, MN.; Located at 425 Broadway Ave S, this space is divisible into units as small as 1,918 SF.; Zoned 3a COMMERCIAL PREFERENTIAL, ideal for retail or restaurant/bar use.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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425 Broadway Ave
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