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416 Broadway Avenue S, Rochester, MN 55904

$4,500

Property Type: Commercial Lot Size (sq. ft.): 3,893 Status: Closed

Current Price: $4,500 List Date: 10/09/2023 Last Modified: 8/06/2025

Overview

Description

This small office space located in Downtown Rochester could be just the space you are looking for! Highlights of the space include parking right out front, an elevator, a patio right by the riverwalk, and the space was recently modernized. The unit is 3892.5 sqft of office space. Leasing for $4,500 per month (Modified Gross), including utilities, except Internet.

Listing Details MLS# 6435862

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: Yes
Year Built: 1928
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Size SqFt: 3892.5
Foundation Size: 3893
For Sale or Lease: For Lease
Lot Dimensions: 106 x 94
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: Partially Wheelchair Air Conditioning: Central Air CMU Style: Office Construction Status: Previously Owned Current Use: Office Exterior: Stucco Fencing: None Flooring: Carpet Foundation: Permanent Fuel: Natural Gas Heating: Forced Air Lease Details: Gross Location Description: Downtown On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Paved Lot Potential Use: Office Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Off Market Date: 2025-06-12
Closed Date: 2025-06-12
Sales Close Price: 4500
Original List Price: 4500
Contingency: None
ListPrice: 4500
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 416
Street Name: Broadway
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55904
Complex/Dev/Subdivision: Willsons Riverside

Assessments

Tax With Assessments: 58674
Assessment Balance: 0

Building Information

Building Finished SqFt: 7784
Building SqFt: 7784

More Information

Lease Details

Land Leased: Not Applicable
Lease Amount Type: Monthly
Gross: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 14
Section#: 2
Township#: 106

Sale Options

Sale Includes: Other

Unit 1

Unit Number: Yes
Monthly Rent: 4500
Level: Main Level
Unit Total SqFt: 3892
Leased?: No

Unit Details

Total Units: Yes

Office/Member Info

Association: SEMR
MLSID: RMLS

Location, Tax and Other Information

Legal Description: SECT-02 TWP-106 RANGE-014 WILLSONS RIVERSIDE LOT-002 BLOCK-001
Listing City: Rochester
Map Page: 999
Municipality: Rochester
Rental License?: No
School District: Rochester
School District Phone: 507-328-3000
Zip Plus 4: 622
Property ID Number: 640211084631
Tax Year: 2023
Tax Amount: 58674
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This small office space located in Downtown Rochester could be just the space you are looking for! Highlights of the space include parking right out front, an elevator, a patio right by the riverwalk, and the space was recently modernized. The unit is 3892.5 sqft of office space. Leasing for $4,500 per month (Modified Gross), including utilities, except Internet.
Directions: Driving the direction north on South Broadway, you will cross over the river. The destination will then be the second building on your right. This specific unit is on the lower floor of the building.

Accessible

Partially Wheelchair: Yes

Air Conditioning

Central Air: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Fencing

None: Yes

Flooring

Carpet: Yes

Foundation

Permanent: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Paved Lot: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

No. of Refrigerators

One: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Separate: Yes

CMU Style

Office: Yes

Current Use

Office: Yes

Location Description

Downtown: Yes

Potential Use

Office: Yes

Listing Office: Realty Growth Inc.

Last Updated: August - 06 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.