307 E Center Street, Rochester, MN 55904

New Listing
$1,475,000
Property Type: Commercial Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $1,475,000 List Date: 4/23/2026 Last Modified: 4/23/2026

Overview

Description

Experience a rare opportunity to secure a premier waterfront property on the Zumbro River in the heart of downtown Rochester. This versatile 4000+ sq. ft. building sits on a prime .31-acre lot, offering stunning panoramic views and unmatched visibility. Located directly across from the Civic Center, the property boasts high-traffic exposure and exceptional walkability. With two levels of flexible space, 22 on-site parking spots and the potential for private office leasing or a full-scale expansion, this is a truly unique find in an unbeatable downtown setting.

Listing Details MLS# 7061130

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
22
Owner Occupied
Yes
Waterfront Present
Yes
Year Built
1965
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2243
Lake/Waterfront Name
Zumbro
For Sale or Lease
For Sale
Acres
0.31
Lot Dimensions
Irreg
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Dryer; Microwave; Range; Refrigerator; Washer CMU Style: Freestanding; Mixed Use; Office Construction Materials: Block Construction Status: Previously Owned Current Use: Commercial; Office Exterior: Brick/Stone; Other Flooring: Carpet; Tile Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Forced Air Loan Terms: Cash Lot Description: Irregular Lot On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Paved Lot; Uncovered/Open Road Frontage: City Street Roof: Flat Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected Waterfront View: River

Contract Information

Contingency
None
ListPrice
1475000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
307
Street Direction Prefix
E
Street Name
Center
Street Suffix
Street
Postal City
Rochester
County
Olmsted
State
MN
Zip Code
55904
Complex/Dev/Subdivision
City Lands

Assessments

Tax With Assessments
25428
Assessment Balance
0

Building Information

Building Finished SqFt
4269
Building SqFt
4548

More Information

Lake Details

Lake Acres
714
Lake Depth
43

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
14
Section#
36
Township#
107

Sale Options

Sale Includes
Building, Land

Unit Details

Total Units
Yes

Office/Member Info

Association
SEMR

Location, Tax and Other Information

Legal Description
SECT-36 TWP-107 RANGE-014 CITY LANDS 107-14-36 STATE PLT LOT-065 S132FT LESS W92FT LOT 65
Listing City
Rochester
Map Page
999
Municipality
Rochester
School District
Rochester
School District Phone
507-328-3000
DNR Lake ID#
55000400
DNR Lake Classification
Recreational Development
Zip Plus 4
62
Property ID Number
743633057408
Tax Year
2026
Tax Amount
25428
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Experience a rare opportunity to secure a premier waterfront property on the Zumbro River in the heart of downtown Rochester. This versatile 4000+ sq. ft. building sits on a prime .31-acre lot, offering stunning panoramic views and unmatched visibility. Located directly across from the Civic Center, the property boasts high-traffic exposure and exceptional walkability. With two levels of flexible space, 22 on-site parking spots and the potential for private office leasing or a full-scale expansion, this is a truly unique find in an unbeatable downtown setting.
Directions
Broadway North to right on E Center St, property on the left before the bridge.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Other
Yes

Flooring

Carpet
Yes
Tile
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes
Forced Air
Yes

Lake/Waterfront

River Front
Yes

Lot Description

Irregular Lot
Yes

Parking Characteristics

Paved Lot
Yes
Uncovered/Open
Yes

Road Frontage

City Street
Yes

Roof

Flat
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Waterfront View

River
Yes

No. of Ranges

One
Yes

No. of Refrigerators

One
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Freestanding
Yes
Mixed Use
Yes
Office
Yes

Current Use

Commercial
Yes
Office
Yes

Loan Terms

Cash
Yes
Listing Office: Edina Realty, Inc.
IDX
Last Updated: April - 23 - 2026
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