1902 2nd Street SW, Rochester, MN 55902

$18
Property Type: Commercial Lot Size (sq. ft.): 11,326 Status: Closed
Current Price: $18 List Date: 10/27/2025 Last Modified: 3/05/2026

Overview

Description

Position your business for success in this retail space located along highly traveled 2nd Street SW. This property offers exceptional visibility, strong traffic counts, and excellent exposure in one of Rochester’s key commercial corridors. The building features a newly updated façade, providing a fresh, professional look that enhances curb appeal. This property is also positioned along the future Link Bus Rapid Transit (BRT) line, a fare-free, electric bus service currently under development. Running along a 2.8-mile corridor on Second Street SW, Link will connect major destinations including Mayo Clinic campuses, downtown, and the University of Minnesota–Rochester. Construction is underway, with operations expected to begin in 2027, offering increased accessibility and potential customer traffic. An excellent opportunity to secure space in a high-growth, high-visibility area of Rochester.

Listing Details MLS# 6809759

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
30
Waterfront Present
No
Year Built
1945
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
7808
For Sale or Lease
For Lease
Acres
0.26
Lot Dimensions
88x132
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: Partially Wheelchair CMU Style: Freestanding; Retail/Shopping Center Construction Status: Previously Owned Current Use: Commercial Exterior: Block Foundation: Permanent Fuel: Natural Gas Heating: Forced Air Lease Details: Triple Net On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Off Market Date
2026-03-05
Closed Date
2026-03-05
Sales Close Price
18
Original List Price
18
Contingency
None
ListPrice
18
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1902
Street Name
2nd
Street Suffix
Street
Street Direction Suffix
SW
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55902
Complex/Dev/Subdivision
Highland Add

Assessments

Tax With Assessments
24146
Assessment Balance
0

Building Information

Building Finished SqFt
7808

More Information

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Square Foot
Triple Net
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
14
Section#
3
Township#
106

Sale Options

Sale Includes
Other

Unit Details

Total Units
Yes

Office/Member Info

Association
SEMR

Location, Tax and Other Information

Legal Description
SECT-03 TWP-106 RANGE-014 HIGHLAND ADD LOT-001 BLOCK-002 LOTS 1 AND 2 BLK 2
Listing City
Rochester
Map Page
999
Municipality
Rochester
School District
Rochester
School District Phone
507-328-3000
Property ID Number
640321009947
Tax Year
2025
Tax Amount
24146
In Foreclosure?
Not disclosed
Potential Short Sale?
Not disclosed
Lender Owned?
Not disclosed

Directions & Remarks

Public Remarks
Position your business for success in this retail space located along highly traveled 2nd Street SW. This property offers exceptional visibility, strong traffic counts, and excellent exposure in one of Rochester’s key commercial corridors. The building features a newly updated façade, providing a fresh, professional look that enhances curb appeal. This property is also positioned along the future Link Bus Rapid Transit (BRT) line, a fare-free, electric bus service currently under development. Running along a 2.8-mile corridor on Second Street SW, Link will connect major destinations including Mayo Clinic campuses, downtown, and the University of Minnesota–Rochester. Construction is underway, with operations expected to begin in 2027, offering increased accessibility and potential customer traffic. An excellent opportunity to secure space in a high-growth, high-visibility area of Rochester.
Directions
Located along 2nd St SW.

Accessible

Partially Wheelchair
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes

Foundation

Permanent
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Parking Characteristics

Parking Lot
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Freestanding
Yes
Retail/Shopping Center
Yes

Current Use

Commercial
Yes
IDX
Listing Office: Realty Growth Inc.
Last Updated: March - 05 - 2026
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