Lori Gustafson

18 3rd Street Sw

Rochester, MN
$ 4,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Prime opportunity on Historic 3rd Street in Downtown Rochester! This 1,462 sq. ft. commercial space offers excellent visibility and character, currently built out as a charming coffee shop. Interior features include large storefront windows, updated LVP flooring, tasteful décor, and an exposed ceiling that adds to the modern, urban feel. Ideal for café, retail, or service uses looking to establish a presence in one of Rochester’s most vibrant and walkable districts.

Single Family

  • Price
  • $ 4,000
  • City
  • Rochester
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • OLMSTED
  • Half Bathrooms
  • 0
  • Area
  • Merchant Exchange Condos
  • Lot Size
  • 0.1 Acres
  • Zip
  • 55902
  • Year Built
  • 1880
  • Taxes
  • $ 9650
  • Style
  • MLS#
  • 6824253
Listed By: Realty Growth Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate,Heating Separate,Hot Water Separate
Year Built 1880
Levels Three Or More
Tax Year 2025
Current Use Restaurant,Retail
Accessibility Fully Wheelchair
County Olmsted
New Construction No
Property Type Commercial Lease
Contingency None
Subdivision Name Merchant Exchange Condos
Directions This property is in the Downtown Historic 3rd area,on the south side of 3rd Ave SW.
City Rochester
High School District Rochester
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 9650
Additional Parcels Y/N No
Standard Status Active
Lender Owned Not Disclosed
PostalCity Rochester

Interior Features

Basement (Y/N) No
Ceiling Height 8-10
Fuel Other

Exterior Features

Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Other
Lot Size Area 0.1
Lot Dimensions 58x75
Waterfront Y/N No
Foundation Area 1468
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks,Street Lights
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

12/5/2025 Listed $4,000
12/8/2025 100% - $0

Property vs Zip Code Average in 55902

Taxes
AVG $6,802
$9,650
Year Built
AVG 1992
1880
Visits
AVG 174
161
Data Provided by Inside Real Estate®

Areas That We Cover

18 3rd Street Sw Rochester, MN is a Single Family Home for sale at $4000 and a lot size of 0.1 Acres Acre(s). 18 3rd Street Sw Rochester has 0 bedrooms, 0 baths and was built in 1880. The property's zip code is 55902 which is in Rochester, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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