101 Main Street S Lonsdale, MN $ 450,000
101 Main Street S
$ 450,000
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101 Main Street S

Lonsdale, MN, 55046
$ 450,000
Baths0.0 Sq 4,400

Monthly Estimate*

$ 3,143

101 Main Street S, Lonsdale, MN 55046 - Image 1
101 Main Street S, Lonsdale, MN 55046 - Image 2
101 Main Street S, Lonsdale, MN 55046 - Image 3
Studio

Commercial Property for sale in Lonsdale, MN

for $450,000. This 4,400 square foot building was built in 1912 on a lot size of 0.08.

Great investment property! Three retail business units and three one bedroom apartments on a high traffic corner lot. Fully rented and income producing property.

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Commercial Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,328

Style

Mixed Use

Lot Size

0.08

Year Built

1912

Town/City

Lonsdale

County/Region

Rice

MLS | Web ID

6414109

Features
General
Sewer City Sewer/Connected
Heating Baseboard Boiler Forced Air Radiant
Cooling Central Air
Utilities Electric Separate Heating Separate Hot Water Separate
Appliances Dishwasher Disposal Electric Water Heater Range Refrigerator Water Softener Owned
Garage Spaces 0
Construction Materials Brick/Stone Stucco
Year Built 1912
Tenant Pays Cable TV Electricity Fuel
Levels Two
Property SubType Mixed Use
Tax Year 2023
Current Use Residential Retail
Gross Income 42600
Accessibility Doors 36 +
County Rice
Net Operating Income 35937
Operating Expense 0
Insurance Expense 1740
Property Type Commercial Sale
Contingency None
Possible Use Other
Directions 35W South to 19 West then 7 miles to property on your left
City Lonsdale
Buyer Agent Compensation 3.00
High School District New Prague Area Schools
Zoning Description Business/Commercial Residential-Multi-Family
Total Units 6
Street Name Main
Land Lease Y/N N
Tax Annual Amount 2328
Electric Expense 0
Fuel Expense 0
Trash Expense 250
Water Sewer Expense 1800
Additional Parcels Y/N N
Days on Market 247
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) City View Kitchen Window Paneled Doors Security Lights
Buyer Agent Compensation Type %
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Interior
Basement Concrete Posts Slab Sump Pump
Basement (Y/N) Y
Street Suffix Street
Ceiling Height Varied Heights
Foundation Dimensions 106x25
Fuel Electric Natural Gas
Garage Square Feet 0
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Exterior
Parking Features Open
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 0.08
Building Area Total 4400
Lot Dimensions getting
Lot Size Units Square Feet
Foundation Area 2250
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Internal Only
Street Number 1 101
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* Excluded Features
List By
National Realty Guild

Broker

shanschrupp@gmail.com

Email

Affordability Calculator

$3,337
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,143
Monthly Property Taxes
$194
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709012 Elementary School
708575 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/7/2023$450,000 Listed Price

Map


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101 Main Street S, Lonsdale, MN, 55046 is a Commercial Property for sale at $450,000 with 4,400 sqft and a lot size of 0.08. 101 Main Street S is a studio with 0.0 baths and was built in 1912. The property's zip code is 55046 which is in Lonsdale, MN