Contacts

Bucky Beeman

Realty Growth

Property Details

Property Type Office
Year Built 1969
Date Updated Jun 12, 2026

A premier downtown investment opportunity: the entire ground floor of the prestigious Center Plaza in Rochester. This expansive main-floor suite is comprised of 13 bundled parcel IDs, offering a significant footprint with prime Broadway Ave S frontage. Located in the heart of downtown, the property shares the building with Hotel Indigo and is steps away from CRAVE, the Rochester Chamber of Commerce, and RAEDI.

This premier main-floor footprint is fully skyway-connected and located just steps from the Mayo Clinic campus, ensuring a steady flow of professional and medical traffic. Anchored by Smith, Schafer and Associates Ltd. (lease through August 2028), the property generates $13,750/month in stable, immediate cash flow.

The versatile interior layout features a mix of private executive offices, open collaborative workspaces, and professional conference rooms. With a recently renovated exterior (2020), the property offers a modern, polished presence in Rochester's premier business corridor—perfect for the investor seeking a stable, income-producing asset in a world-class location.

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Highlights

High-Yield Income: $13,750/month base rent (~16.5% Gross CAP).
Low-Overhead: Tenant pays HOA dues, Real Estate taxes, and utilities.
Main Floor Footprint: Encompassing the entire ground level of Center Plaza
Massive Price Reduction: Now $1,000,000 (Reduced from $2,062,500)
Premier Location: Skyway-connected, Broadway S frontage, steps from Mayo Clinic.
Stable Tenant: Smith, Schafer & Assoc. in place through 8/31/2028.