211 Main Street N
Stewartville, MN 55976
Price: $229,000
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!!!
Basic Features:
Style |
Mixed Use |
Type |
Commercial Sale |
Zoning |
Business/Commercial,Residential-Multi-Family |
Year Built |
1896 |
School District |
Stewartville |
County |
Olmsted |
Lot Size |
50 x 100 |
Acreage |
0.11 acres |
Number of Units |
7 |
Tax $ / Year |
$5,400 / 2024 |
Tax ID |
|
Legal Description |
|
Includes:
Range,Refrigerator,Building,Inventory,Land,Leases
Additional Features
Government Programs |
|
Section |
34 |
Terrain Type |
|
Roads |
City Street |
Basement |
Full |
Cooling |
Window Unit(s) |
Driveway |
|
Exterior Features |
Brick/Stone |
Foundation |
3780.00 |
Fuel Source |
Electric,Natural Gas |
Handicap Access |
None |
Heating |
Forced Air |
Roof |
Age Over 8 Years,Flat |
Sewer Service |
City Sewer/Connected |
Water Service |
City Water/Connected |
Water Heater |
|
Parking Lot |
Asphalt,Paved |
Exterior Construction |
|
Utilities |
Electric Separate,Heating Common,Hot Water Common |
Laundry |
N |
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