112 1st Street S Buffalo, MN ^$ 619,900

112 1st Street S

^$ 619,900

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112 1st Street S

Buffalo, MN, 55313

^$ 619,900

Studio Baths0.0 Sq 7,800

Monthly Estimate*

^$ 4,330

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Studio

Commercial Property for sale in Buffalo, MN

for $619,900. This 7,800 square foot building was built in 1990 on a lot size of 0.43.

Newly updated lobby with interior paint and white trim. Building is 75% rented with professional tenants and long term leases. Great downtown Buffalo location with lake views. Impeccable building condition with multiple continuous tenants. Large private parking lot with 24 stalls, front, side and rear entrances. Large common area with shared bathrooms. All office spaces have been fully renovated. Rooftop seating for the brewhouse with Buffalo Lake views! Agent is the owner and this is a 1031 Exchange.

Commercial Active

Price

^$ 619,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 15,096

Style

Business,Office

Lot Size

0.43

Year Built

1990

Town/City

Buffalo

County/Region

Wright

MLS | Web ID

6384129

Features

General

Sewer City Sewer/Connected

Heating Forced Air Outdoor Furnace

Utilities Electric Common Electric Separate Heating Common Heating Separate Hot Water Common

Garage Spaces 0

Construction Materials Brick/Stone

Year Built 1990

View Lake

Property SubType Business Office Other

Tax Year 2023

Current Use Commercial Office Other Professional Service Bar/Tavern

Waterfront Features Lake View

Accessibility No Stairs External No Stairs Internal

County Wright

Property Type Commercial Sale

Contingency None

Subdivision Name Boulevard Add

Directions Hwy 55 Turn right onto 2nd St S straight to 1st St S.

City Buffalo

Buyer Agent Compensation 2.70

Body of Water Buffalo

High School District Buffalo-Hanover-Montrose

Zoning Description Business/Commercial

Total Units 1

Waterfront Y/N N

Street Name 1st

Land Lease Y/N N

Tax Annual Amount 15096

Additional Parcels Y/N N

Days on Market 309

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Parking Lot Paved Unassigned

Water Source City Water/Connected

Inclusions Building Land Leases

Lot Size Area 0.43

Building Area Total 7800

Lot Dimensions 137x137

Lot Size Units Square Feet

Foundation Area 7800

Interior

Basement (Y/N) N

Street Suffix Street

Fuel Natural Gas

Lake Acres 1551

Internal Only

Street Number 1 112

* Excluded Features

List By

Now Realty

Broker

sarawahba@necklenoakland.com

Affordability Calculator

$5,588

Per Month

Monthly Principal & Interest: $4,330
Monthly Property Taxes: $1,258
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 Buffalo, MN

Average List Price ^$619,900

Percent of Sale Price 0%

About Buffalo, MN

15,489 Population

44% Since 2002

^$67,485 Median Income

37.82 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1705858 Elementary School

1705862 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/19/2024	$619,900	-4.62%	Price Down
2/19/2024	$649,900	-7.02%	Price Down
11/9/2023	$699,000	-2.90%	Price Down
7/27/2023	$719,900	-4.00%	Price Down
6/15/2023	$749,900		Listed Price

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112 1st Street S, Buffalo, MN, 55313 is a Commercial Property for sale at $619,900 with 7,800 sqft and a lot size of 0.43. 112 1st Street S is a studio with 0.0 baths and was built in 1990. The property's zip code is 55313 which is in Buffalo, 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 5/5/2024.

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112 1st Street S

Commercial Property for sale in Buffalo, MN

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