Commercial Sale in Stewartville

$1,750,000

105 Main, 55976, Stewartville, MN

Commercial Sale for sale in Stewartville, 105 Main, 55976

105 Main, 55976, Stewartville, MN

$1,750,000

Type: Commercial Sale

Description

Here is an amazing opportunity to add a value add cashflowing asset to your multi-family portfolio. Located in the Rochester MSA, anchored by Mayo Clinic and the $5.5 Billion in local, county and state investment to the area over the next 20 years via the Destination Medical Center Initiative. These 2 buildings are located in the heart of Stewartville, a growing and vibract community just south of Rochester. With the property located at the intersection of highways 63 and 30, you are located right in the heart of of the downtown Stewartville business district, with easy access to local amenities, including blocks away from Stewartville High School, and just a couple of miles from Rochester International Airport. The property consists of 2 buildings right next to each other. The main building consists of 16 multi-family units and 2 commercial spaces, and the adjacent building consists of 8 multi-family units. The electrical, many of the common areas, and over half of the residential units have been updated with current ownership. They purposefully left the remaining units to be updated to provide a value add opportunity for new owners. Please allow 48 hours advance notice for showings. Agent is owner.

Location

105 Main, 55976, Stewartville, MN

Data

Object TypeCommercial Sale
Purchase Price$1,750,000
Living Space0 m²
Plot SizeN/A
BathroomsN/A
Construction Year1870
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBoiler
Primary Energy SourceN/A
Construction Year1870
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent