1432 3rd Ave SE, Rochester, MN 55904 Property Records

Olmsted County property record for 1432 3rd Ave SE, Rochester, MN 55904

Property Summary

Property Type	Wholesale Outlet, Discount Store (Franchise)
Details	2,304 sqft · built 1963
Lot Size	0.401 acres (17,468 sqft)
Owner	Company Name on Record
Last Sale	$370,000 (Dec 2022)
Tax Bill	$9,652 (2026)
Deeds & Mortgages	Dec 2022 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`64.12.23.008477`

Property Details

APN / Parcel Number

Primary APN	`64.12.23.008477`

Interior

Building Area	2,304 sqft Total Area
1st Floor Area	2,304 sqft
Flooring	Concrete/Cement

Exterior

Year Built	Built 1963
Effective Year Built	Effective 1998
Exterior Material	Wood
Roof Type	Gable/Hip
Roof Material	Metal
Lot Area	17,468 sqft (0.401 acres)

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C

Location & Zoning

Street Address	1432 3RD AVE SE
City	ROCHESTER
State	MN
Zip	55904-7918
Property Category	Commercial
Property Type	Commercial > Retail > Wholesale Outlet, Discount Store (Franchise)
Legal Description	SECT-12 TWP-106 RANGE-014 GOLDEN HILL INDUSTRIAL LOT-001 BLOCK-001 LOT 1 LESS S50FT BLK 1
Legal Range	14
Legal Township	106
Legal Section	12
Legal Subdivision	GOLDEN HILL INDUSTRIAL
Legal Block	1
Legal Lot Number	1
Jurisdiction	OLMSTED MN
Township / Civil Division	ROCHESTER
Census Block Group	4
Census Block	4016
Census Tract	1000

Owner

Source: Olmsted County records, as of August 18, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	2145 MARION RD SE, ROCHESTER, MN 55904-6743
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 15, 2022 · Amount on Record
Deed Sale	Dec 15, 2022 · Amount on Record
Prior Sale	May 15, 2015 · Amount on Record
Deed Document Number	20221499073
Prior Transfer Date	Apr 1, 2009
Prior Transfer Doc	00A1199680
Record Updated	Sep 20, 2026

December 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	OLMSTED MN
Recording Date	Dec 16, 2022
Property Address	1432 3RD AVE SE, ROCHESTER, MN 55904-7918
Document Number	00A1578845
Instrument Date	Dec 15, 2022
Instrument	A-1578845
Transaction Type	Transfer
Record Updated	Jan 25, 2023

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$1,221.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2145 MARION RD SE, ROCHESTER, MN 55904-6743

Mortgage

Document Number	00A1578846
Date	Dec 16, 2022
Instrument	A-1578846

Lender

Name	FRANDSEN BANK & TRUST
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	240 Months
Due	Dec 15, 2042

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Olmsted County assessment roll, as of July 30, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Olmsted County
Municipality	Rochester City
Unified School District	Rochester Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$9,652.00 (+859.44%)
2025	$1,006.00	$363,900 (+7.69%) Land $139,600 Building $224,300	$363,900 (+7.69%) Land $139,600 Building $224,300
2024		$337,900 Land $104,700 Building $233,200	$337,900 Land $104,700 Building $233,200

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 9, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	10 (1978–1986)
Claims Outside the SFHA	2 of 10
Most Recent Claim	Sep 1986 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Rochester serves 123,624 people · EPA ID MN1550010
Water Source	Groundwater
Last State Inspection	Nov 2025
Lead	7 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 432 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
AT&T Fixed Wireless	100 / 20
Hiawatha Broadband Communications Fixed Wireless	100 / 20

May also be available: CenturyLink, GigFire, Minnesota WiFi, T-Mobile, Verizon.

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