1180 Main Street S Sauk Centre, MN ^$ 890,000

1180 Main Street S

^$ 890,000

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1180 Main Street S

Sauk Centre, MN, 56378

^$ 890,000

Studio Baths0.0 Sq 3,684

Monthly Estimate*

^$ 6,217

1180 Main Street S, Sauk Centre, MN 56378 - Image 1

1180 Main Street S, Sauk Centre, MN 56378 - Image 2

1180 Main Street S, Sauk Centre, MN 56378 - Image 3

Studio

Commercial Property for sale in Sauk Centre, MN

for $890,000. This 3,684 square foot building was built in 1983 on a lot size of 1.04.

Great Opportunity for an Investor. This property is in a Corporate Lease with Hardee’s Restaurants LLC (CKE Restaurant Holdings, Inc.) as the Leasee under the lease, providing for a strong lease guarantor. Absolute NNN Lease – The tenant is responsible for all expenses, therefore no landlord responsibilities and giving the investor a passive income. Fantastic location just off I-94 located on Hwy 71 & 28.

Commercial Active

Price

^$ 890,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,330

Style

Lot Size

1.04

Year Built

1983

Town/City

Sauk Centre

County/Region

Stearns

MLS | Web ID

6479661

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Utilities Electric Common

Garage Spaces 0

Construction Materials Brick/Stone

Year Built 1983

Tenant Pays All Utilities Electricity Insurance Grounds Care Repairs Sewer Taxes Water

Property SubType Other

Tax Year 2023

Current Use Commercial Restaurant

Gross Income 62400

Accessibility No Stairs External No Stairs Internal

County Stearns

Net Operating Income 62400

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale

Contingency None

Subdivision Name Aud Sub

Directions From I-94 & Hwy 71 Intersection go north and property is on the left hand side.

City Sauk Centre

Buyer Agent Compensation 2.30

High School District Sauk Centre

Zoning Description Business/Commercial

Total Units 1

Street Name Main

Land Lease Y/N N

Tax Annual Amount 16330

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 58

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Parking Lot

Water Source City Water/Connected

Inclusions Building Land Leases

Lot Size Area 1.04

Building Area Total 3684

Lot Dimensions 1 Acre

Lot Size Units Acres

Foundation Area 3684

Interior

Basement (Y/N) N

Street Suffix Street

Fuel Natural Gas

Internal Only

Street Number 1 1180

* Excluded Features

List By

Charlie Walker Realty

Broker

cwrealty@mainstreetcom.com

Affordability Calculator

$7,578

Per Month

Monthly Principal & Interest: $6,217
Monthly Property Taxes: $1,361
Monthly Home Insurance: --

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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 Sauk Centre, MN

Average List Price ^$544,950

Percent of Sale Price 39%

About Sauk Centre, MN

4,458 Population

12% Since 2002

^$50,255 Median Income

40.28 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708835 Elementary School

709270 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/20/2024	$890,000	-7.29%	Price Down
1/22/2024	$960,000		Listed Price

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1180 Main Street S, Sauk Centre, MN, 56378 is a Commercial Property for sale at $890,000 with 3,684 sqft and a lot size of 1.04. 1180 Main Street S is a studio with 0.0 baths and was built in 1983. The property's zip code is 56378 which is in Sauk Centre, 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 4/28/2024.

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1180 Main Street S

Commercial Property for sale in Sauk Centre, MN

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