300 3rd AVE SE, Rochester, MN 55904
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300 3rd AVE SE, Rochester, MN 55904
300 3rd AVE SE, Rochester, MN 55904
300 3rd AVE SE, Rochester, MN 55904
300 3rd AVE SE, Rochester, MN 55904
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$ 1,160,000
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300 3rd AVE SE Rochester, MN 55904

0.43 Acres Lot


UPDATED:

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.

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 5632

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
Aileo Karpee

Aileo Karpee

Agent | License ID: 435176

+1(856) 602-0639

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300 3rd AVE SE