Rochester, MN Commercial Real Estate for Lease and Sale

Explore 79 listings of Rochester commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

FOR SALE OR LEASE 2nd St Office/Retail

2002 2nd St , Rochester, MN
Property

Retail

24,498 SF
For Sale

$2,900,000
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Vacant Lot on Hwy 52 Frontage

1807 7th Street NW, Rochester, MN
Property

VacantLand
For Sale

$325,611
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Lakefront Lane Residential Land - XXX Lakefront Lane Northwest

XXX Lakefront Lane Northwest, Rochester, Oronoco, MN
Property

Other

1.85 Acre
For Sale

$299,000
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Shoppes on 2nd

123 16th Avenue SW, Rochester, MN
Property

Retail

11,520 SF
Availability

1 Space

2,933 SF
Year Built

2012
For Lease

$22.00/SF/YR
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Valleyhigh Flex Space

1416 Valleyhigh Drive Northwest, Rochester, MN
Property

Industrial

41,103 SF
Year Built

1968
For Sale

$3,500,000
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Meadow Hill Dr Home - 2423 Meadow Hills Dr Sw

2423 Meadow Hills Dr Sw, Rochester, MN
Property

Other

2,458 SF
Year Built

1987
For Sale

$359,900
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4th St. Multifamily- 1325 4th ST SE

1325 4th ST SE, Rochester, MN
Property

Other

1,558 SF
For Sale

$289,900
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Meier Companies - 65th Street Residential Development Land

3720 65th Street NW, Rochester, MN
Property

VacantLand
For Sale

$1,975,000
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Retail & Office Building Opening Summer of 2024

3660 Sarah Place NW, Rochester, MN
Property

Office

20,000 SF
Availability

2 Spaces

11,856 SF
Year Built

2024
For Lease Contact for pricing
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16th Ave NW Commerical Potential - 432 16th Ave NW

432 16th Ave NW , Rochester, MN
Property

Other

0.86 Acre
Year Built

1964
For Sale

$1,200,000
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West Circle Retail Center Development

XXX Sarah Place NW Lot L, Rochester, MN
Property

Retail

14,200 SF
Availability

4 Spaces

12,776 SF
For Lease Contact for pricing
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N Broadway Dairy Queen

538 Broadway Ave N, Rochester, MN
Property

Retail

957 SF
Year Built

1947
For Sale

$1,400,000
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Downtown Condo - 220 Broadway Ave S #1211

220 Broadway Ave S # 1211, Rochester, MN
Property

Other

1,740 SF
Year Built

1969
For Sale

$570,000
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2519 Commerce Dr NW

2519 Commerce Dr NW, Rochester, MN
Property

Retail

23,940 SF
Availability

1 Space

1,003 SF
For Lease

$30.00/SF/YR
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North Broadway Retail Space

115 Broadway Ave North, Rochester, MN
Property

Retail

16,635 SF
Availability

1 Space

2,000 SF
Year Built

1927
For Lease

$1,700.00/MO
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Allegro Park Office Space

3015 Allegro Park Ln SW, Rochester, MN
Property

Office

9,825 SF
Availability

2 Spaces

2,420 SF
Year Built

2002
For Lease

$20.00/SF/YR
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65th ST NW Development Land

3720 65th ST NW, Rochester, MN
Property

Other

5.14 Acre
For Sale

$1,975,000
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East River Road Warehouse Building

3201 E River Rd NE, Rochester, MN
Property

Industrial

13,312 SF
Year Built

1965
For Sale

$1,400,000
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Gill Center Retail Space

3169 Wellner Dr NE, Rochester, MN
Property

Retail

6,975 SF
Availability

1 Space

1,630 SF
Year Built

2001
For Lease

$12.00/SF/YR
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41 St NW Multifamily Development Land - 41 St NW

41 St NW, Rochester, MN
Property

Other

18.52 Acre
For Sale

$6,900,000
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2nd Street Office Space

230 20th Ave Southwest, Rochester, MN
Property

Office

11,780 SF
Availability

1 Space

500 SF
Year Built

2003
For Lease

$20.00/SF/YR
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Lowertown Development Opportunity

11 5th Street NW, Rochester, MN
Property

Retail

2,556 SF
Year Built

1969
For Sale

$1,200,000
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40th Ave NW Commercial Development Land

XXX 40th Avenue Northwest, Rochester, MN
Property

VacantLand
For Sale

$225,000
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Cozy 2 Bedroom Home

725 7th St NW , Rochester, MN
Property

Other

1,247 SF
Year Built

1927
For Sale

$174,900
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1903 Executive Suites

1903 Broadway Ave South, Rochester, MN
Property

Office

8,038 SF
Availability

3 Spaces

460 SF
Year Built

1970
For Lease

$500.00/MO
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Valleyhigh Flex Space

1416 Valleyhigh Drive Northwest, Rochester, MN
Property

Industrial

41,103 SF
Availability

1 Space

41,103 SF
Year Built

1968
For Lease

$10.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Rochester commercial real estate market incorporates 245,181 square feet of office space across 18 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Rochester commercial real estate market includes 726,361 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Rochester market, there is a total of 176,974 square feet of industrial property.

The listing inventory in Rochester incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Rochester is represented by Retail space, which accounts for 180,458 square feet of available listings. Office space available in Rochester adds up to 100,510 square feet.

Meanwhile, most of the listings of commercial property for sale in Rochester are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Rochester is $18.04 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Rochester can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Rochester, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $35.85 per square foot. In particular, the property type commanding the highest lease rates in Rochester was Office space.

The average size of a commercial property in Rochester depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Rochester, the average size of an office property is 17,513 square feet.
Retail properties here incorporate an average of 31,581 square feet.
Industrial space in Rochester is in buildings that are, on average 25,282 square feet in size.

Rochester, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Rochester currently add up to 463,413 square feet. The market offers 19 active office listing(s), which amount to 102,036 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 187,082 square feet across 19 retail space(s). Industrial space for rent opportunities in Rochester amount to 103,295 square feet across a total of 6 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	19	102,036
Retail	19	187,082
Industrial	6	103,295
Other	1	71,000

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Rochester, MN. Currently, there is 262,528 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 8 retail investment opportunity listing(s) , and 4 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	2,274
Retail	8	132,458
Industrial	4	102,559
Other	20	25,237

Rochester, MN Commercial Real Estate for Lease and Sale

FOR SALE OR LEASE 2nd St Office/Retail

Vacant Lot on Hwy 52 Frontage

Lakefront Lane Residential Land - XXX Lakefront Lane Northwest

Shoppes on 2nd

Valleyhigh Flex Space

Meadow Hill Dr Home - 2423 Meadow Hills Dr Sw

4th St. Multifamily- 1325 4th ST SE

Meier Companies - 65th Street Residential Development Land

Retail & Office Building Opening Summer of 2024

16th Ave NW Commerical Potential - 432 16th Ave NW

West Circle Retail Center Development

N Broadway Dairy Queen

Downtown Condo - 220 Broadway Ave S #1211

2519 Commerce Dr NW

North Broadway Retail Space

Allegro Park Office Space

65th ST NW Development Land

East River Road Warehouse Building

Gill Center Retail Space

41 St NW Multifamily Development Land - 41 St NW

2nd Street Office Space

Lowertown Development Opportunity

40th Ave NW Commercial Development Land

Cozy 2 Bedroom Home

1903 Executive Suites

Valleyhigh Flex Space

Frequently Asked Questions

Rochester, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Rochester, MN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Rochester, MN?

What factors affect the price of commercial real estate in Rochester, MN?

What is the average rent for commercial space in Rochester, MN?

What are the best areas for commercial real estate in Rochester, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Rochester, MN?

Rochester, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us