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$1,160,000

0 Beds 0 Baths 2,860 SQFT 0.43 Acres
Type: Commercial

300 3rd Avenue SE
Rochester, MN 55904

MLS#: 7089925
Jesse Ebner
Jesse Ebner
The Real Estate Advantage
Phone: 507.429.2025
Office: 651.272.4688
Presented by: Property Brokers of Minnesota

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms0

Bathrooms

Total Baths0

Other Interior Features

Basement (Y/N)No
FuelNatural Gas

General

AccessibilityAccessible Elevator Installed, Hallways 42 +
Additional Parcels Description640122015085, 640122015087, 640122015089
Additional Parcels Y/NYes
Amenities UnitCity View, Ethernet Wired, Panoramic View
Carport Spaces4
CityRochester
Construction MaterialsConcrete
ContingencyNone
CoolingCentral Air
CountyOlmsted
Current UseProfessional/Office, Commercial, Office, Professional Service
DirectionsFrom Hwy 15 take Civic Center Drive to 3rd Ave
Garage Spaces0
HeatingBaseboard, Boiler
High School DistrictRochester
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total4
Possible UseOffice, Professional Service, Medical/Dental
PostalCityRochester
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameIronwood Square
Tax Annual Amount$9,408
Tax Year2025
Tenant PaysBroadband, Electricity
UtilitiesElectric Separate, Hot Water Separate
Year Built1978
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total2,860 sqft
Foundation Area2,860 sqft
InclusionsLeases
Lot Dimensions29x27
Lot Size Area0 sqft
Parking FeaturesCarport, Parking Lot
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

$1,160,000

0 Beds 0 Baths 2,860 SQFT 0.43 Acres
Type: Commercial

300 3rd Avenue SE
Rochester, MN 55904

MLS#: 7089925
Jesse Ebner
Jesse Ebner
The Real Estate Advantage
Phone: 507.429.2025
Office: 651.272.4688