$6,500,000
435 16th Avenue NW
Rochester, MN 55901
MLS# 6722169
97679 sqft


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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.

Details
Maps
Contract Information
Status: Active
Current Price: $6,500,000
Contingency: None
ListPrice: 6500000
List Date: 2025-05-14
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 225
Waterfront YN: No
Year Built: 1971
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 36000
For Sale or Lease: For Sale
Acres: 4.04
Lot Dimensions: Irregular
Assessment Pending: No
Assessments
Tax With Assessments: 111884
Building Information
Building Finished SqFt: 97679
Building SqFt: 97679
Ceiling Height: 8-10
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 14
Section#: 34
Township#: 107
Sale Options
Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
Unit Details
Total Units: 118
Location Tax and Other Information
House Number: 435
Street Name: 16th
Street Suffix: Avenue
Street Direction Suffix: NW
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55901
Complex/Dev/Subdivision: Auditors D
Property Features
Accessible: Accessible Elevator Installed; Doors 36"+; Hallways 42"+
Air Conditioning: Central Air; Ductless
CMU Style: Low Rise; Other
Construction Materials: Frame
Construction Status: Previously Owned
Current Use: Hotel/Motel
Exterior: Vinyl
Flooring: Carpet
Foundation: Other
Fuel: Electric; Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Location Description: Free Standing
Lock Box Type: None
Lot Description: Irregular Lot; Public Transit (w/in 6 blks)
On Site Utilities: Electric Common; Heating Common
Owner Pays: All Utilities
Parking Characteristics: Parking Lot; Paved Lot
Pool Description: Below Ground; Heated; Indoor
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles; Flat
Sewer: City Sewer/Connected
Stories: Three Or More
Topography: Level
Water: City Water/Connected

IDX
Listing Office: Re/Max Results

Last Updated: July - 07 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.


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