Hotel with Indoor
For Sale
$6,500,000
435 16th Avenue NW, Rochester, MN 55901
Commercial Sale, Rochester, MN
Property SizeContact for details
Lot Size4.04 Acres
Days on Market514
Property Features for 435 16th Avenue NW
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial
Parking features
Driveway, Parking Lot
Accessibility
Accessible Elevator Installed
Subdivision
Auditors D
Lot features
Public Transit (w/in 6 blks), Irregular Lot
High school district
Rochester
Directions
Civic Center Dr NW to 16th Ave Nw turn South to property.
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
Building materials
Frame
Roof type
Shingle, Flat
Listing Agency:
Re/Max Results · RE/MAX International
(507) 288-1111
Listed By:
Daniel Groteboer
(952) 829-2900
Added: May 14, 2025
Changed: Oct 8
Last Checked: Oct 9 at 1:06PM
MLS# 6722169
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.
Investment Insights
Based on property information with market context.
This 118-room hotel occupies 4.04 acres and includes two indoor swimming pools, a waterslide and a fitness center open around the clock. Guestrooms have refrigerators and microwaves, and an elevator is installed for accessibility. The building dates to 1971 and has frame construction, central air and ductless heating and cooling. An attached Famous Dave’s BBQ restaurant is part of the property.
The site is near Mayo Clinic and Mayo Clinic Hospital at Saint Marys Campus, both reachable on foot or by a five-minute drive. Olmsted Medical Center at Miracle Mile is also within walking distance, while American Cancer Society’s Hope Lodge is one mile away. The property fronts Civic Center Drive and 16th Avenue NW in Rochester.
The site is near Mayo Clinic and Mayo Clinic Hospital at Saint Marys Campus, both reachable on foot or by a five-minute drive. Olmsted Medical Center at Miracle Mile is also within walking distance, while American Cancer Society’s Hope Lodge is one mile away. The property fronts Civic Center Drive and 16th Avenue NW in Rochester.
Key Highlights
- 118 guestrooms with refrigerators and microwaves
- 4.04‑acre hotel property
- Two indoor swimming pools, a waterslide and a 24‑hour fitness center
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,197
Businesses Nearby
247k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Groceries 30%
Shops & Services 15%
Hotels & Casinos 6%
Hy-Vee
Groceries
47,153 visits/mo
0.2 miles
Kwik Trip
Shops & Services
34,392 visits/mo
0.4 miles
McDonald's
Dining
27,756 visits/mo
0.4 miles
Olive Garden
Dining
22,126 visits/mo
0.1 miles
Fresh Thyme Market
Groceries
14,543 visits/mo
0.4 miles
Demographics for 55901, MN
58,046
Population
24,852
Households
2.3
Avg Household Size
36
Median Age
50%
College-Educated
94%
High-School Grad
33.1 sq mi
ZIP Area
1,754
Density / Sq Mi
$90,430
Median Household Income
$52,778
Median Earnings
$1,321
Median Rent
$290,000
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Hotel - An attached Famous Dave’s BBQ restaurant complements 118 guestrooms and on-site recreation.
Where is this hotel located?
The property is located at 435 16th Avenue NW Rochester, MN.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 118 guestrooms with refrigerators and microwaves; 4.04‑acre hotel property; Two indoor swimming pools, a waterslide and a 24‑hour fitness center
