211 Main ST N Pending Save Request In-Person Tour Request Virtual Tour
Stewartville,MN 55976
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
Parking Features 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