$80,000
$110,000
27.3%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 01/06/2025
Key Details
Sold Price $80,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Cottonwood
MLS Listing ID 6595816
Sold Date 01/06/25
Year Built 1905
Annual Tax Amount $1,446
Tax Year 2024
Contingent None
Lot Size 10,890 Sqft
Lot Dimensions 76x140
Property Sub-Type Mixed Use
Property Description
Opportunity to own a large multi-use building on Main St., with 5 rental units upstairs. (2) 1 bedroom units and (3) 2 bedroom units. The main floor consists of 2 separate buildings, with 2500 sq. feet on the one side and 2000 sq. feet on the other side, with separate entrances. The main floor previously was a grocery store, along with the other side being rented out to a business. Roof was updated with spray foam with poly coating and 3 coats of paint and sealer. Full basements on both sides of buildings. This property is already income producing and there is potential for more with the addition of a main street business.
Location
State MN
County Lyon
Zoning Business/Commercial
Rooms
Basement Stone/Rock
Interior
Heating Baseboard, Forced Air
Cooling Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features On-Street Parking Only
Utilities Available Electric Separate, Heating Separate
Roof Type Flat,Rubber
Present Use Other
Building
Lot Description Corner Lot
Story Two
Foundation 4500
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Steel Siding
Schools
School District Lakeview
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