435 16th Avenue NW, Rochester, MN 55901
- Added:
- May 14, 2025
- Days on Market:
- 395
- Last Refresh:
- Jun 12 at 10:06 am
Property Features for 435 16th Avenue NW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Business/Commercial
- Parking features
- Driveway, Parking Lot, Paved or Surfaced
- Exterior features
- Vinyl
- Standard status
- Active
- APN
- 743413063700
- Lot size
- 4.04 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 111884
Utilities
- Heating system
- Ductless (Heating), Forced Air
- Cooling system
- Central Air, Ductless
Building Details
- Year built
- 1971
- Flooring type
- Carpet
- Building materials
- Frame
- Roof type
- Asphalt, Flat, Shingle
- Architectural style
- Other
Listing agent Daniel Groteboer (507) 254-0957
Listing office RE/MAX Results 11200 W 78th Street, Eden Prairie, MN (952) 829-2900
Listing date May 14, 2025
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location: Short walk/5‑minute drive to Mayo Clinic and Mayo Clinic Hospital.
- Family‑friendly amenities: Includes 2 indoor swimming pools and a waterslide.
- On‑site dining: Attached Famous Dave's BBQ Restaurant.
- High visibility: Sits on 4.04 acres with great visibility from major roads.
- Guestroom features: 118 rooms with refrigerators and microwaves.
- 24‑hour fitness center: Convenient for guests' health and wellness.
Overview
The property is centrally located in Rochester, with close proximity to major medical destinations. It is described as a short walk or 5-minute drive to Mayo Clinic and Mayo Clinic Hospital at the Saint Marys Campus, and within walking distance of Olmsted Medical Center at Miracle Mile. It also sits about a mile from American Cancer Society’s Hope Lodge. The site spans 4.04 highly visible acres with visibility from both Civic Center Drive and 16th Ave NW.
This offering is well-suited for an owner-operator or investor seeking a hospitality asset tied to consistent demand from healthcare-related travel. With a sizable guestroom count, on-site recreational amenities, and an attached restaurant, the property supports multiple revenue streams and offers a practical setup for managing both lodging and dining under one operating umbrella.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Olmsted
- State
- Minnesota
- Longitude
- -92.484916
- Latitude
- 44.028992
