Homes for sale - 211 Main ST N, Stewartville, MN 55976

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Joe Dennis

joedennishomes@gmail.com +1(651) 239-5844

$ 229,000

Est. payment -/mo

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Pending

211 Main ST N Stewartville, MN 55976

4,791 Sqft Lot

UPDATED:

10/31/2024 05:09 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Subdivision Original Stewartville

MLS Listing ID 6620300

Year Built 1896

Annual Tax Amount $5,400

Tax Year 2024

Contingent None

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 50 x 100

Property Description

OPPORTUNITY KNOCKS WITH THIS PREMIER DOWNTOWN STEWARTVILLE, MINNESOTA LOCATION!! HISTORIC 1896 BUILT MIXED-USE FEATURING TWO LARGE MAIN FLOOR RETAIL COMMERCIAL SPACES. ONE SIDE HAS BEEN RECENTLY LEASED FOR TWO YEARS TO A JEWELRY MAKER FOR $800/MONTH. THE OTHER RETAIL SPACE WAS AN ANTIQUE STORE AND CURRENTLY VACANT. IT WOULD BE PERFECT FOR AN OWNER USER. THE SECOND FLOOR OFFERS FIVE APARTMENTS WITH TWO CURRENTLY RENTED FOR $750 & $950 A MONTH. APARTMENT UNIT MIX IS THREE 2BD, 1BA, ONE 1BD, 1BA, AND ONE STUDIO, 1BA. COIN LAUNDRY IS OWNED (ONE WASHER & ONE DRYER). ALL BRICK EXTERIOR WITH STONE WINDOW SILLS AND LARGE WINDOWS. ALL UTILITIES ARE SEPARATELY METERED WITH ALL NEW ELECTRICAL WIRING AND SERVICE PANELS DONE IN LAST 20 YEARS. THE SALE INCLUDES AN EXTRA PARCEL IN THE REAR ALLEY THAT IS 28 FEET BY 95 FEET AND HAS ROOM FOR NINE OFF-STREET PARKING SPOTS. A NEW OWNER COULD BUILD GARAGES OR STORAGE UNITS ON THIS LOT. THIS PROPERTY NEEDS A LOT OF COSMETIC WORK AND IS THE PERFECT INVESTOR VALUE-ADD OPPORTUNITY!!!

Location

State MN

County Olmsted

Zoning Business/Commercial,Residential-Multi-Family

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Window Unit(s)

Inclusions Building, Inventory, Land, Leases

Fireplace No

Appliance Range, Refrigerator

Exterior

Garage Asphalt, Paved

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Flat

Present Use Residential,Retail

Building

Story Two

Foundation 3780

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone

Schools

School District Stewartville

Listed by Nathan Opatz • Apartment Cash Flow, Inc.

Joe Dennis

Broker Associate | License ID: 40874952

+1(651) 239-5844

Joe Dennis

211 Main ST N Stewartville, MN 55976

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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211 Main ST N