250 St John Street Loretto, MN $ 1,699,000
250 St John Street
$ 1,699,000
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250 St John Street

Loretto, MN, 55357
$ 1,699,000
Baths0.0 Sq 24,140

Monthly Estimate*

$ 11,292

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Studio

Commercial Property for sale in Loretto, MN

for $1,699,000. This 24,140 square foot building was built in 1987 on a lot size of 1.89.

Check out this industrial investment opportunity! This building has in-place income, multiple tenants, 88% occupied with some room to continue to grow the NOI. It's nicely situated near downtown Loretto, MN with access to highway 55 and 19 and it's walking distance to multiple restaurants. See the brochure for more information. Financials are available upon request.

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Commercial Active

Price

$ 1,699,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 27,358

Style

Industrial

Lot Size

1.89

Year Built

1987

Town/City

Loretto

County/Region

Hennepin

MLS | Web ID

6481318

Features
General
Sewer City Sewer/Connected City Sewer - In Street
Heating Forced Air
Utilities Electric Common Heating Common Hot Water Common
Garage Spaces 4
Construction Materials Aluminum Siding Brick/Stone Metal Siding Wood Siding
Year Built 1987
Property SubType Industrial
Tax Year 2023
Current Use Industrial Manufacturing Professional Service Storage Facility
Gross Income 192041
Accessibility Partially Wheelchair Wheelchair Ramp(s)
County Hennepin
Net Operating Income 106471
Property Type Commercial Sale
Contingency None
Subdivision Name Auditors Sub 232
Directions West on Hwy 55 south on Hwy 19 west on St. Peter St and drive to property
City Loretto
Buyer Agent Compensation 2.50
High School District Delano
Zoning Description Industrial
NumberOfUnitsTotal 8
Lot Size Units Acres
Street Name St John
Land Lease Y/N N
Tax Annual Amount 27358
Additional Parcels Y/N N
Days on Market 14
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Open
Water Source Shared System
Inclusions Building Land Leases
Lot Size Area 1.89
Building Area Total 24140
Lot Dimensions 353x200
Street Suffix Street
Foundation Area 24140
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 250
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* Excluded Features
List By
Commercial Investors Group Llc

Broker

james@cre-fund.com

Email

Affordability Calculator

$13,572
Per Month
83%
17%
0%
Monthly Principal & Interest
$11,292
Monthly Property Taxes
$2,280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
709437 Elementary School
708373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/25/2024$1,699,000 Listed Price

Map


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250 St John Street, Loretto, MN, 55357 is a Commercial Property for sale at $1,699,000 with 24,140 sqft and a lot size of 1.89. 250 St John Street is a studio with 0.0 baths and was built in 1987. The property's zip code is 55357 which is in Loretto, MN