435 16th Avenue NW, Rochester, MN 55901 (MLS# 6722169)

435 16th Avenue NW, Rochester, MN 55901

$6,500,000
Property Type: Commercial Square Footage: 97,679 Lot Size (sq. ft.): 175,982 Status: Active
Current Price: $6,500,000 List Date: 7/07/2026 Last Modified: 7/07/2026

Overview

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.

Listing Details MLS# 6722169

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

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

Contract Information

Contingency
None
ListPrice
6500000
Owner is an Agent?
No
Auction?
No

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

Assessments

Tax With Assessments
111884

Building Information

Building Finished SqFt
97679
Building SqFt
97679
Ceiling Height
8-10

More Information

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
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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