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$6,500,000

0 Beds 0 Baths 97,679 SQFT 4.04 Acres
Type: Commercial

435 16th Avenue NW
Rochester, MN 55901

MLS#: 6722169
Paul Ebner
Paul Ebner
The Real Estate Advantage
Realtor
Phone: 507.450.5386
Office: 651.272.4688
Presented by: Re/Max Results

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.


 

Interior Features

Other Interior Features

Basement (Y/N)No
Ceiling Height8-10
FuelElectric, Natural Gas

General

AccessibilityDoors 36 +, Accessible Elevator Installed, Hallways 42 +
Additional Parcels Y/NNo
CityRochester
Construction MaterialsFrame
ContingencyNone
CoolingCentral Air, Ductless Mini-Split
CountyOlmsted
Current UseHotel/Motel
DirectionsCivic Center Dr NW to 16th Ave Nw turn South to property.
Garage Spaces0
HeatingDuctless Mini-Split, Forced Air
High School DistrictRochester
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total118
OwnerPaysAll Utilities
Pool FeaturesBelow Ground, Heated, Indoor
PostalCityRochester
Property TypeCommercial Sale
RoofAsphalt, Flat
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameAuditors D
Tax Annual Amount$111,884
Tax Year2024
TopographyLevel
UtilitiesElectric Common, Heating Common
Virtual TourClick here
Year Built1971
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total97,679 sqft
Foundation Area36,000 sqft
InclusionsBuilding, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
Lot DimensionsIrregular
Lot FeaturesPublic Transit (w/in 6 blks), Irregular Lot
Lot Size Area4 sqft
Parking FeaturesAsphalt, Parking Lot, Paved Lot
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks, Street Lights
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$6,500,000

0 Beds 0 Baths 97,679 SQFT 4.04 Acres
Type: Commercial

435 16th Avenue NW
Rochester, MN 55901

MLS#: 6722169
Paul Ebner
Paul Ebner
The Real Estate Advantage
Realtor
Phone: 507.450.5386
Office: 651.272.4688