435 16th AVE NW, Rochester, MN 55901 - 6722169

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Shari Bellows

shari@pedersonrealty.com +1(612) 590-9781

$6,500,000

Est. payment - /mo

4.04 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Auditors D

MLS Listing ID 6722169

Year Built 1971

Annual Tax Amount $111,884

Tax Year 2024

Contingent None

Lot Size 4.040 Acres

Acres 4.04

Lot Dimensions Irregular

Property Description

Outstanding opportunity for a centrally located Rochester, MN hotel. A short walk or 5-minute drive to Mayo Clinic and Mayo Clinic Hospital at the Saint Marys Campus. This family-friendly Motel is also a short walk to Olmsted Medical Center at Miracle Mile and 1 mile from American Cancer Society's Hope Lodge. Amenities at this location includes 2 indoor swimming pools or enjoy the other recreational amenities including a waterslide and a 24-hour fitness center. The property also offers an attached Famous Dave's BBQ Restaurant, 118 guestrooms featuring refrigerators and microwaves. The property sits on 4.04 highly visible acres with great visibility from both Civic Center Drive and 16th Ave NW.

Location

State MN

County Olmsted

Zoning Business/Commercial

Interior

Heating Ductless Mini-Split, Forced Air

Cooling Central Air, Ductless Mini-Split

Inclusions Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases

Fireplace No

Exterior

Parking Features Asphalt, Parking Lot, Paved

Utilities Available Electric Common, Heating Common

Roof Type Asphalt,Flat

Present Use Hotel/Motel

Building

Lot Description Public Transit (w/in 6 blks), Irregular Lot

Story Three Or More

Foundation 36000

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Vinyl Siding

Schools

School District Rochester

Others

Virtual Tour https://listings.gregschuchardphotography.com/sites/pnrvrxx/unbranded

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Listed by Daniel Groteboer • Re/Max Results

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Shari Bellows

+1(612) 590-9781

Agent | License ID: 40701920

Agent License ID: 40701920

435 16th AVE NW Rochester, MN 55901

Shari Bellows

Key Details

Location

Interior

Exterior

Building

Schools

Others

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