115 16Th AveRochester, MN 55901

For Sale
$19

High-traffic retail space near Mayo Clinic.

Overview

Added:
Feb 3
Days on market:
39
This exceptional Rochester, MN retail property boasts 73,242 square feet on a 5.45-acre lot, offering multiple spaces ideal for diverse businesses. Its prime location near St. Mary's Hospital (part of the Mayo Clinic) and a major highway ensures high visibility and traffic. The property features large display windows for optimal showcasing, ample parking, and ADA-compliant access. Recent upgrades include a new roof (2024) and a modernized façade (approximately five years ago). The versatile spaces are perfect for retail, office, dining, medical, education, podcasting, or health and wellness businesses, offering open layouts ready for custom build-outs. This is an excellent opportunity for both national and local businesses. The property also includes two additional buildings at 36 17th Ave NW (5,481 sq ft) and 116 17th Ave NW (5,035 sq ft), all situated in the thriving Miracle Mile area, surrounded by numerous retail stores, grocery stores, hotels, restaurants, and convenience stores. This location offers unparalleled convenience and accessibility, making it an exceptional investment opportunity. The property's size, location, and recent upgrades make it a highly desirable option for businesses seeking a prominent presence in Rochester.

Property Details for 115 16Th Ave

Property type
Retail properties, Other retail properties
Square Feet
73,242 SF
Year Built
1979
Lot Size (sq. ft)
237,402 SF

Location Insight

City
Rochester
County
Olmsted
State
Minnesota
Latitude
44.02472
Longitude
-92.48637
115 16Th Ave, Rochester, Minnesota

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115 16Th Ave
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