1116 8th Street S Virginia, MN ^$ 475,000

1116 8th Street S

^$ 475,000

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1116 8th Street S

Virginia, MN, 55792

^$ 475,000

Studio Baths0.0 Sq 3,330

Monthly Estimate*

^$ 3,318

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Studio

Commercial Property for sale in Virginia, MN

for $475,000. This 3,330 square foot building was built in 1953 on a lot size of 1.2.

Check out this highly visible commercial property located on one of the highest traffic locations in the city of Virginia. This corner of 12th Ave S. and 8th St. features multiple buildings that could accommodate any commercial adventure. From retail to fast food and everything in between. Set up your showing today!

Commercial Active

Price

^$ 475,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,130

Style

Business

Lot Size

1.2

Year Built

1953

Town/City

Virginia

County/Region

Saint Louis

MLS | Web ID

6460905

Features

General

Sewer City Sewer/Connected

Heating Baseboard Space Heater

Cooling Central Air Window Unit(s)

Utilities Electric Common Heating Common

Roof Age Over 8 Years Asphalt Rubber

Appliances Refrigerator

Garage Spaces 6

Construction Materials Block Metal Siding

Year Built 1953

Topography Level

Levels One

Property SubType Business

Tax Year 2023

Current Use Vacant

Accessibility Partially Wheelchair

County St. Louis

Property Type Commercial Sale

Contingency None

Subdivision Name Lencis 3rd Add To Virginia

Directions From corner of US Highway 53 and 12th Ave. S. Go N to intersection of 8th St. S. and property on right.

City Virginia

Buyer Agent Compensation 2.70

High School District Virginia

Zoning Description Business/Commercial

Total Units 1

Street Name 8th

Land Lease Y/N N

Tax Annual Amount 3130

Additional Parcels Y/N N

Days on Market 139

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Partial

Basement (Y/N) Y

Street Suffix Street

Ceiling Height 11-15

Foundation Dimensions 40x83

Fuel Electric Natural Gas

Exterior

Parking Features Attached Garage Detached Gravel Asphalt Heated Garage Insulated Garage Multiple Garages Storage

Lot Features Corner Lot

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 1.2

Building Area Total 3330

Lot Dimensions 450x100

Lot Size Units Acres

Foundation Area 3330

Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 1116

* Excluded Features

List By

Edina Realty, Inc.

Broker

greghoffman@edinarealty.com

Affordability Calculator

$3,579

Per Month

Monthly Principal & Interest: $3,318
Monthly Property Taxes: $261
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 Virginia, MN

Average List Price ^$322,500

Percent of Sale Price 32%

About Virginia, MN

8,529 Population

-8% Since 2002

^$38,056 Median Income

44 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048581 Elementary School

3048848 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$475,000	-13.62%	Price Down
11/17/2023	$549,900		Listed Price

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1116 8th Street S, Virginia, MN, 55792 is a Commercial Property for sale at $475,000 with 3,330 sqft and a lot size of 1.2. 1116 8th Street S is a studio with 0.0 baths and was built in 1953. The property's zip code is 55792 which is in Virginia, 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 4/27/2024.

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1116 8th Street S

Commercial Property for sale in Virginia, MN

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