17
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$1,160,000
Est. payment /mo
0.43 Acres Lot
New
300 3rd AVE SE Rochester, MN 55904
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Ironwood Square
MLS Listing ID 7089925
Year Built 1978
Annual Tax Amount $9,408
Tax Year 2025
Contingent None
Lot Size 0.431 Acres
Lot Dimensions 29x27
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.
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.
Location
State MN
County Olmsted
Zoning Business/Commercial
Interior
Heating Baseboard, Boiler
Cooling Central Air
Flooring Carpet
Inclusions Leases
Fireplace No
Exterior
Parking Features Carport, Parking Lot
Utilities Available Electric Separate, Hot Water Separate
Present Use Professional/Office,Commercial,Office,Professional Service
Building
Story Three Or More
Foundation 2860
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Concrete
New Construction false
Schools
School District Rochester
Listed by Brian Rossow • Property Brokers of Minnesota
NEARBY SCHOOL & BUSINESS
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