REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 125,000
Est. payment | /mo
2 Baths
$ 125,000
Est. payment | /mo
2 Baths
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Mn
MLS Listing ID 267041748
Style Concrete Block
Full Baths 1
Half Baths 1
Year Built 1970
Annual Tax Amount $2,186
Tax Year 2026
Property Sub-Type Mixed Use
Property Description
INVESTMENT OPPORTUNITY ON HIGH-VISIBILITY HWY 169! Two adjoining commercial spaces PLUS a 1-bedroom upper-level apartment are being offered together in one sale, creating a unique opportunity for an investor or owner-user looking for multiple potential income streams. The first commercial space offers a flexible layout with two large main-floor rooms, a former commercial kitchen area with pass-through window, full basement with bathroom and abundant storage. Updates include commercial A/C (2021), water heater (2019), LED lighting (2020), tile updates (2021), garbage disposal (2021), rubber roof (2021), and sewer lines jetted to the city connection in 2023. The front flooring has been removed, giving the next owner a clean slate to customize the space for their vision. The adjoining commercial space offers its own entrance, storefront windows, a large open area, office, bathroom, additional parking and a large garage at the rear. Additionally, there is also a space currently rented as a hair salon, providing existing income potential. Above the commercial space is a 1-bedroom apartment with a private entrance and its own laundry—another opportunity for rental income. With excellent Hwy 169 visibility, a lighted sign, multiple entrances, flexible commercial space, existing tenant space, apartment and garage, this property offers numerous possibilities under one purchase. Bring your business, investment ideas and vision! Property is being sold AS-IS. Additional information and list of included items available upon request.
Location
State MN
County Faribault County
Area B.E./Winn/Well/Kiest/Bri
Direction S
Interior
Heating Forced Air
Cooling Central
Exterior
Exterior Feature Brick
Parking Features Attached Garage, Driveway - Concrete, On-Street Parking Only
Garage Description Attached Garage, Driveway - Concrete, On-Street Parking Only
Roof Type Flat
Present Use Professional Service,Vacant
Building
Foundation 3356
Sewer City
Water City
Structure Type Concrete Block
Schools
School District Blue Earth Area #2860
Others
Energy Description Natural Gas
Listed by AMERICAN WAY REALTY
Nearby Locations
GET MORE INFORMATION
Ian Compton