For Sale: Rochester MLS# 6722169
Active
NEW!
$6,500,000
Commercial: Other
Built 1971
4.04 acres
Rochester schools
MLS# 6722169
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Property Description
Outstanding opportunity for a centrally located Rochester, MN hotel. A short walk or 5-minute drive to Mayo Clinic and Mayo Clinic Hospital at the Saint Marys Campus. This family-friendly Motel is also a short walk to Olmsted Medical Center at Miracle Mile and 1 mile from American Cancer Society's Hope Lodge. Amenities at this location includes 2 indoor swimming pools or enjoy the other recreational amenities including a waterslide and a 24-hour fitness center. The property also offers an attached Famous Dave's BBQ Restaurant, 118 guestrooms featuring refrigerators and microwaves. The property sits on 4.04 highly visible acres with great visibility from both Civic Center Drive and 16th Ave NW.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$6,500,000
Property Type:
Commercial
City:
Rochester
Garage Spaces:
0
County:
Olmsted
Year Built:
1971
State:
MN
Property Style:
Other
Zip Code:
55901
Subdivision Name:
Auditors D
Interior
Ceiling Height:
8-10
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
225
Air Conditioning:
Central Air, Ductless Mini-Split
Foundation Size:
36,000 ft2
Handicap Accessible:
Doors 36"+, Accessible Elevator Installed, Hallways 42"+
Road Responsibility:
Public Maintained Road
Heating System:
- Ductless Mini-Split
- Forced Air
Parking Features:
- Asphalt
- Parking Lot
- Paved
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Exterior Material:
Vinyl Siding
Roof Details:
- Asphalt
- Flat
Lot & Land
Acres:
4.04
Geolocation:
44.028992, -92.484916
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Lot Description:
- Irregular Lot
- Public Transit (w/in 6 blks)
Farm
Topography:
Level
Schools
School District:
535
District Phone:
507-328-3000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$111,884
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$111,884
Units
Total Units:
118
Miscellaneous
Current Use:
Hotel/Motel
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Re/Max Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.