255 1st Ave SW

Investment Highlights

High Traffic/Visibility Downtown Location Turnkey Business Opportunity Upscale Fully Remodeled Space

Executive Summary

Excellent turn-key opportunity for sale or for lease in the heart of downtown Rochester, MN. The Well Dining features a high end fully renovated space and fixtures. Approximately 7,772 S/F of space available for sale or for lease. Was most recently used as an upscale restaurant/dining event location but could be used in a variety of capacities. Opportunity to own a stunning Class A space in downtown Rochester. The second floor ties into the skyway with access to parking garages, and many other downtown buildings and businesses. With Mayo investing heavily in the Rochester community over the next couple years, this could be an excellent opportunity for an owner/investor.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    6,839
• Building Class    B
• Year Built    2008
• Percent Leased    Vacant
• Building Height    1 Story
• Building FAR    0.87
• Land Acres    0.18 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.