$1,160,000
300 3rd Avenue SE Rochester, MN 55904
For Sale MLS# 7089925
Other
Details for 300 3rd Avenue SE
MLS# 7089925
Description for 300 3rd Avenue SE, Rochester, MN, 55904
Rare opportunity to own more than 2,800 square feet of downtown office space with the convenience of on-site parking. Ideally located across the river from the Mayo Civic Center and directly across from the Government Center, this property offers exceptional visibility, accessibility, and long-term investment potential.The property consists of the entire North side of the top floor. A total of four condominium units. Three of the units are currently connected and function as one large office suite, providing flexibility for an owner-user, a single tenant, or the potential to separate the spaces for multiple tenants. The fourth unit is leased to a strong long-term tenant through May 2029, offering immediate income stability.Enjoy impressive views of the riverfront and downtown skyline from a secure, professionally managed building. The unique design includes parking beneath the building, offering shaded parking in the summer and protection from snow in the winter.Additional highlights include reasonable HOA dues, secure building access, and a prime downtown location near major employers, government offices, restaurants, and entertainment.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 0.43 Acres
Square Feet: 2,860 sq ft
Year Built: 1978
Foundation: 2,860 sq ft
Stories: Three Or More
Subdivision: Ironwood Square
Number Of Units Total: 4
Current Use: Business Service,Commercial,Office,Professional Service
County: Olmsted
Days On Market: 17
Construction Status: Previously Owned
School Information
District: 535 - Rochester
Interior Features
Flooring: Carpet
Accessibility: Hallways 42+, Elevator
Additional Interior Features: Ethernet Wired
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Hot Water Separate
Cooling: Central
Heating: Baseboard, Boiler, Natural Gas
Exterior / Lot Features
Open Parking: 30
Parking Description: Carport, Parking Lot
Exterior: Stucco, Brick/Stone
Lot Dimensions: 29x27
Zoning: Business/Commercial
Additional Exterior/Lot Features: City View, Panoramic View, Land Inclusions - Leases
Driving Directions
From Hwy 15 take Civic Center Drive to 3rd Ave
Financial Considerations
Tenant Pays: Broadband,Electric
Tax/Property ID: 640122015083
Tax Amount: 9408
Tax Year: 2025
HomeStead Description: Non-Homesteaded
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 300 3rd Avenue SE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 300 3rd Avenue SE
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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