435 16th Avenue NW, Rochester, MN 55901

$6,500,000

Virtual Tour

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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

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.

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