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    300 3Rd Ave SE Rochester, MN 55902

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    For Sale
    $325,000

    Condo with five offices, parking, and modern finishes.

    Property size:
    1,465 SF
    Lot size:
    0.68 Acres

    Property Features for 300 3Rd Ave SE

    General Information

    Size
    1,465 SF
    Lot size
    0.68 Acres

    Source: Realty Growth, Inc Agent Bucky Beeman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Condo Near Downtown

    This professional condominium building offers a unique opportunity with its established presence and strategic location near downtown, the Government Center, and the skyway system. The space, comprising Condos 402 and 404, provides a total of 1,465 square feet. Amenities include covered and uncovered parking options, an elevator, large windows for natural light, and shared restrooms. The interior features a waiting room and reception area, along with five office spaces, one currently configured as a kids play area. The corner office offers views, upgraded flooring, built-in cabinetry, and modern finishes. One parking spot is included with the unit, and common area parking is available for customers and employees around the building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luke Johnson Realtor Real Estate Agent Better Homes and Gardens ... Real Estate Agency Casey Gorman - Edina ... Real Estate Agency Ironwood Square Building Consultant Associates In Psychiatry: Lilly ... Psychologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.4585751
    Latitude
    44.0203178

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    FAQs

    What type of property is this?
    Office space - Condo with five offices, parking, and modern finishes.
    Where is this office space located?
    The property is located at 300 3Rd Ave SE Rochester, MN.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Strategic location: close proximity to downtown, Government Center, and skyway system.; - Versatile space: 1,465 sq ft encompassing Condos 402 and 404.; - Includes a dedicated parking spot with additional common area parking for customers and employees.
    (507) 951-7130
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    300 3Rd Ave SE Rochester, MN 55902
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    Rochester, MN 55902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 3Rd Ave SE Rochester, MN 55902
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