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2002 2nd Street SW Rochester, MN $ 2,900,000
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2002 2nd Street SW
$ 2,900,000
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2002 2nd Street SW

Rochester, MN, 55902
$ 2,900,000
Baths0.0 Sq 24,498

Monthly Estimate*

$ 20,257

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Studio

Commercial Property for sale in Rochester, MN

for $2,900,000. This 24,498 square foot building was built in 1969 on a lot size of 0.85.

Investment/owner occupier or redevelopment property in sought-after “Uptown” Rochester. This property borders the highly desirable 2nd Street SW corridor with strong traffic counts. The building currently has retail along 2nd Street with offices and the Masonic Lodge behind the retail spaces. The Masonic Lodge space has a small meeting room with fireplace and kitchen, office space, restrooms, and a large meeting room that can accommodate 290 people on the main level. There is an elevator to the lower level which has a commercial kitchen and dining hall that seats 125 people, restrooms, and plenty of storage space.

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Commercial Pending

Price

$ 2,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 42,624

Style

Lot Size

0.85

Year Built

1969

Town/City

Rochester

County/Region

Olmsted

MLS | Web ID

6513677
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 0
Construction Materials Other
Year Built 1969
Tax Year 2023
Current Use Other
Accessibility Accessible Elevator Installed Partially Wheelchair
County Olmsted
Property Type Commercial Sale
Contingency None
Subdivision Name City Lands
Directions Traveling west on 2nd St from Broadway Ave you will find this property on the South side of the street
City Rochester
Buyer Agent Compensation 2.50
High School District Rochester
Zoning Description Business/Commercial
Total Units 1
Street Name 2nd
Land Lease Y/N N
Tax Annual Amount 42624
Additional Parcels Y/N N
Days on Market 25
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.85
Building Area Total 24498
Lot Dimensions 131x281
Lot Size Units Acres
Foundation Area 24498
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Interior
Basement (Y/N) N
Street Suffix Street
Fuel Natural Gas
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Internal Only
Street Number 1 2002
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* Excluded Features
List By
Realty Growth Inc.

Broker

bucky@rgi-group.com

Email

Affordability Calculator

$23,809
Per Month
85%
15%
0%
Monthly Principal & Interest
$20,257
Monthly Property Taxes
$3,552
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708969 Elementary School
708343 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/4/2024$2,900,000 Listed Price

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2002 2nd Street SW, Rochester, MN, 55902 is a Commercial Property for sale at $2,900,000 with 24,498 sqft and a lot size of 0.85. 2002 2nd Street SW is a studio with 0.0 baths and was built in 1969. The property's zip code is 55902 which is in Rochester, MN

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