$6,500,000

435 16th Avenue NW, Rochester, MN 55901

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$6,500,000

435 16th Avenue NW Rochester, MN 55901

For Sale MLS# 6722169

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Data current as of 17/12/2025 00:00:49

Details for 435 16th Avenue NW

MLS# 6722169

Description for 435 16th Avenue NW, Rochester, MN, 55901


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.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 4.04 Acres

Square Feet: 97,679 sq ft

Year Built: 1971

Foundation: 36,000 sq ft

Stories: Three Or More

Subdivision: Auditors D

Number Of Units Total: 118

Current Use: Hotel/Motel

County: Olmsted

Days On Market: 216

Construction Status: Previously Owned

School Information


District: 535 - Rochester

Interior Features


Flooring: Carpet

Accessibility: Elevator, Doors 36+, Hallways 42+

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common,Heating Common

Cooling: Ductless Mini-Split, Central

Heating: Ductless Mini-Split, Natural Gas, Electric, Forced Air

Exterior / Lot Features


Open Parking: 225

Parking Description: Parking Lot, Paved Lot, Driveway - Asphalt

Exterior: Vinyl

Roof: Asphalt Shingles, Flat

Pool: Below Ground, Heated, Indoor

Lot Dimensions: Irregular

Zoning: Business/Commercial

Topography: Level

Additional Exterior/Lot Features: Irregular Lot, Public Transit (w/in 6 blks), Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Inventory,Land,Leases, Road Frontage - Street Lights, City, Curbs, Paved Streets, Sidewalks

Driving Directions


Civic Center Dr NW to 16th Ave Nw turn South to property.

Financial Considerations


Owner Pays: All Utilities

Tax/Property ID: 743413063700

Tax Amount: 111884

Tax Year: 2024

HomeStead Description: Non-Homesteaded

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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

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 435 16th Avenue NW

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. 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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