$6,500,000
435 16th Avenue NW Rochester, MN 55901
For Sale MLS# 6722169
Other
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
A broker reciprocity listing courtesy: Re/Max Results
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 435 16th Avenue NW
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 435 16th Avenue NW
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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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