501 1st Street S Willmar, MN ^$ 697,000

501 1st Street S

^$ 697,000

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501 1st Street S

Willmar, MN, 56201

^$ 697,000

Studio Baths0.0 Sq 9,176

Monthly Estimate*

^$ 4,869

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Studio

Commercial Property for sale in Willmar, MN

for $697,000. This 9,176 square foot building was built in 1990 on a lot size of 0.27.

Outstanding Commercial space on First Street in Willmar with endless opportunities and heated garage! Large Building with 3 tenants in place and over 5,000 sq. ft of additional space for additional retail space and storage. New Roof in 2022. Separate Furnaces and Air Conditioning system for each unit. Additional lot off of Minnesota available for separate purchase. Call today for more details!

Commercial Active

Price

^$ 697,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 19,202

Style

Lot Size

0.27

Year Built

1990

Town/City

Willmar

County/Region

Kandiyohi

MLS | Web ID

6313719

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Common

Roof Age 8 Years or Less Asphalt

Garage Spaces 2

Construction Materials Metal Siding

Year Built 1990

Levels Two

Tax Year 2022

Current Use Professional/Office Commercial Professional Service

Accessibility Partially Wheelchair

Additional Parcels Description 957400820

County Kandiyohi

Property Type Commercial Sale

Contingency None

Subdivision Name Third Add To Willmar

Directions Property is located off 1st Street and Trott Ave in Willmar.

City Willmar

Buyer Agent Compensation 2.50

High School District Willmar

Zoning Description Business/Commercial

Total Units 4

Street Name 1st

Land Lease Y/N N

Tax Annual Amount 19202

Additional Parcels Y/N Y

Days on Market 386

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Detached Heated Garage Insulated Garage Parking Lot

Lot Features Corner Lot Irregular Lot

Water Source City Water/Connected

Inclusions Building Leases

Lot Size Area 0.27

Building Area Total 9176

Lot Dimensions 180x226x100x100

Lot Size Units Acres

Foundation Area 6668

Road Frontage Type City Street Paved Streets

Interior

Basement (Y/N) N

Street Suffix Street

Foundation Dimensions 142x40

Fuel Natural Gas

Garage Dimensions 24x32

Garage Square Feet 768

Internal Only

Street Number 1 501

* Excluded Features

List By

Jane Vikse Real Estate

Broker

jennavikse21@gmail.com

Affordability Calculator

$6,469

Per Month

Monthly Principal & Interest: $4,869
Monthly Property Taxes: $1,600
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Willmar, MN

Average List Price ^$554,953

Percent of Sale Price 20%

About Willmar, MN

19,467 Population

6% Since 2002

^$44,628 Median Income

35.56 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708722 Elementary School

708438 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/6/2023	$697,000	-7.07%	Price Down
12/1/2022	$750,000		Listed Price

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501 1st Street S, Willmar, MN, 56201 is a Commercial Property for sale at $697,000 with 9,176 sqft and a lot size of 0.27. 501 1st Street S is a studio with 0.0 baths and was built in 1990. The property's zip code is 56201 which is in Willmar, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/26/2024.

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501 1st Street S

Commercial Property for sale in Willmar, MN

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