About This Home

This 0-bedroom, 0-bathroom commercial at 300 3rd Avenue SE in Rochester, MN is listed for $1,160,000. Built in 1978, on a 0.43 acres lot.

Key Features

  • Built in 1978
  • 0.43 acre lot

Property Details

1978

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$6,204/mo

20% down · 6.5% · 30 years

Principal$839
Interest$5,027
Insurance$338

Estimates only. Actual payments may vary.

Location

300 3rd Avenue SE

Rochester, MN 55904

Ironwood Square

Property Details

Construction

Concrete

Parking

Parking LotCarport

Heating

Baseboard

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 300 3rd Avenue SE is listed at $1,160,000. The estimated monthly payment is $6,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 0.43 acre lot.

This property is listed by Brian Rossow.

BR

Brian Rossow

Agent at Property Brokers of Minnesota, INC

Listed by Property Brokers of Minnesota, INC · Broker phone: (507) 282-1700 · Broker website

MLS# 7089925· Source: Northstar MLS· 145 days on PropertySimple

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.

300 3rd Avenue SE, Rochester, MN 55904

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