300 3rd Avenue Se, Rochester, MN

$1,160,000

2,860

Square feet

0.43

Acres

About 300 3rd Avenue Se

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.

Features of 300 3rd Avenue Se

MLS® # 7089925
Price $1,160,000
Square Footage 2,860
Acres 0.43
Year Built 1978
Type Commercial
Status Active
Contingency Type None

Community Information

Address 300 3rd Avenue Se
Subdivision Ironwood Square
City Rochester
County Olmsted
State MN
Zip Code 55904

Amenities

Utilities Electric Separate, Hot Water Separate
Parking Carport, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Boiler
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Features Stone, Stucco
Construction Concrete

School Information

District Rochester

Additional Information

Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $9,408
Tax Year 2025
Office Property Brokers of Minnesota

Listing Details

OfficeProperty Brokers of Minnesota

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