Office for Sale in Rochester, MN

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Office
  • Location: Rochester, MN 55904
  • Year built: 1881

Description

7.5+ acres of land, one single family home with a 3-car garage, one office builder with 13 rooms, and 5outbuildings. Additional measurements for out buildings will be provided upon request. The informationprovided herein is considered reliable but is not warranted or guaranteed by the broker, the agent, orthe seller. Access to the property, utilities, and any measurements-including acreage, square footage,frontage, and mapped boundary lines-are for marketing purposes only and have not been independentlyverified. Prospective buyers are encouraged to conduct independent verification, measurements, orinvestigations related to property access and utilities. Listing or Co-listing agent must be present forall showings. Land Size: 7.58 Ac | Year Built: 1881 | Listing Type: FOR SALE

Market Context

This office in Rochester, MN is listed for sale at $1,250,000. The building dates to 1881. It has been on the market for 23 days. Compare it against other office listings for sale in Rochester, MN — <a href="/search/sale/office/minnesota/rochester">view the full market</a>.

As of Q4 2021, the Rochester office market showed average asking rents near $56.40/SF/yr, and rents up 7.4% year over year. Source: Consensus Q4 2021 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Unified Estimate

Very Low Confidence

$42.74/SF – $57.82/SF

Mid: $50.28/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market charleston (similarity: 100%) with 10 comparable listings.

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