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16 2nd St SW, Rochester, MN 55902 Property Records

Olmsted County property record for 16 2nd St SW, Rochester, MN 55902

Property Summary

Property TypeOffice Building
Details35,100 sqft · built 1911
Lot Size0.27 acres (11,761 sqft)
OwnerCompany Name on File
Last Sale$4,500,000 (Sep 2024)
Tax Bill$117,562 (2026)
Deeds & MortgagesJan 2020 Sale & Mortgage
Dec 2019 Transfer
Flood ZoneZone X (minimal risk)
APN64.02.12.068010

Property Details

APN / Parcel Number

Primary APN64.02.12.068010

Interior

Building Area35,100 sqft Total Area
1st Floor Area11,632 sqft
FlooringWood
Fire SprinklersFire Sprinklers
ElevatorElevator

Exterior

Year BuiltBuilt 1911
Effective Year BuiltEffective 2005
Exterior MaterialAluminum/Vinyl
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area11,761 sqft (0.27 acres)

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemSteam

Location & Zoning

Street Address16 2ND ST SW
CityROCHESTER
StateMN
Zip55902
Property CategoryCommercial
Property TypeCommercial > Office > Office Building
Legal DescriptionSECT-02 TWP-106 RANGE-014 ORIGINAL PLAT (CITY OF ROCH)-P LOT-008 BLOCK-019 N12 LOTS 6,7 & 8 ALSO THE N22 FT S12 SD LOTS BLK 1
Legal Range14
Legal Township106
Legal Section02
Legal SubdivisionORIGINAL PLAT (CITY OF ROCH)-PT TORRENS
Legal Block19
Legal Lot Number6,7,8
JurisdictionOLMSTED MN
Township / Civil DivisionROCHESTER
Census Block Group1
Census Block1020
Census Tract100

Owner

16 2nd St SW, a commercial property, is owned by a company that bought it in September 2024.

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

Owner of RecordCompany Name on File
Mailing Address2705 HIGHWAY 14 W, ROCHESTER, MN 55901-7587
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Jan 9, 2020Deed, Transfer · Commercial Mortgage
FIRST SECURITY BANK & TRUST
Dec 12, 2019Intrafamily Transfer, Transfer

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 11, 2024 · Amount on File
Deed SaleSep 11, 2024 · Amount on File
Prior SaleJan 9, 2020 · Amount on File
Deed Document Number20241611291
Prior Transfer DateDec 9, 2019
Prior Transfer Doc00A1488564
Record UpdatedSep 20, 2026

January 2020: Deed, Transfer

Document TypeDeed
JurisdictionOLMSTED MN
Recording DateJan 9, 2020
Property Address16 2ND ST SW, ROCHESTER, MN 55902
Document Number00A1490456
Instrument DateJan 3, 2020
InstrumentA-1490456
Transaction TypeTransfer
Record UpdatedAug 15, 2022
Title CompanyTITLE SERVICES, INC., TITLE SERVICES INC

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$25,410.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2602 JEANNE LN, EAU CLAIRE, WI 54703-1267

Mortgage

Document Number00A1490457
DateJan 9, 2020
InstrumentA-1490457
Lender
NameFIRST SECURITY BANK & TRUST
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term300 Months
DueJan 10, 2045

December 2019: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionOLMSTED MN
Recording DateDec 12, 2019
Property Address16 2ND ST SW, ROCHESTER, MN 55902
Document Number00A1488564
Instrument DateDec 9, 2019
InstrumentA-1488564
Transaction TypeTransfer
Record UpdatedJun 7, 2023

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Intrafamily Transfer
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipFamily Trust
Address1240 S 2ND ST UNIT 823, 823, MINNEAPOLIS, MN 55415-2626

Tax Assessment & Valuation

The 2026 property tax bill for 16 2nd St SW was $117,562, down 42.3% from the year before.

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

Property Jurisdictions

TypeName
StateMinnesota
CountyOlmsted County
MunicipalityRochester City
Unified School DistrictRochester Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$117,562.00 (-42.25%)
2025$203,580.00$3,771,400 (-41.23%) Land $1,585,200 Building $2,186,200$3,771,400 (-41.23%) Land $1,585,200 Building $2,186,200
2024$6,416,700 Land $1,585,200 Building $4,831,500$6,416,700 Land $1,585,200 Building $4,831,500

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

Flood

FEMA maps place 16 2nd St SW in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 1978.

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims2 (1978–1986)
Most Recent ClaimSep 1986 · rainfall accumulation

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

The area around 16 2nd St SW has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot 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 SystemRochester
serves 123,624 people · EPA ID MN1550010
Water SourceGroundwater
Last State InspectionNov 2025
Lead7 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 152 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber		5,120 / 5,120
Spectrum
Cable · Fiber in parts of the area		1,000 / 1,000
Verizon
Fixed Wireless		300 / 20
Starlink
Satellite		280 / 30
Minnesota WiFi
Fixed Wireless		150 / 30
T-Mobile
Fixed Wireless		100 / 20

May also be available: CenturyLink, GigFire, Hiawatha Broadband Communications.

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