108 Main Street S Lonsdale, MN ^$ 225,000

108 Main Street S

^$ 225,000

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108 Main Street S

Lonsdale, MN, 55046

^$ 225,000

Studio Baths0.0 Sq 3,850

Monthly Estimate*

^$ 1,572

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Studio

Commercial Property for sale in Lonsdale, MN

for $225,000. This 3,850 square foot building was built in 1912 on a lot size of 0.12.

Prime mixed-use listing in Lonsdale's Main Street area. Commercial building with ground-floor retail space and two upper-level apartments. Retail area includes three offices and a laundromat. Convenient rear alley access and ample parking for tenants. Ideal for investors or entrepreneurs looking to tap into this community.

Commercial Active

Price

^$ 225,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,260

Style

Mixed Use

Lot Size

0.12

Year Built

1912

Town/City

Lonsdale

County/Region

Rice

MLS | Web ID

6491054

Features

General

Sewer City Sewer/Connected

Heating Boiler Forced Air

Cooling Central Air Window Unit(s)

Utilities Electric Separate Heating Separate Hot Water Separate

Roof Age Over 8 Years Flat Rubber

Appliances Range Refrigerator Water Softener Owned

Garage Spaces 1

Construction Materials Brick/Stone Wood Siding

Year Built 1912

Tenant Pays Cable TV Electricity Fuel

Property SubType Mixed Use

Tax Year 2023

Current Use Professional/Office Commercial Laundromat Office Professional Service Residential Storage Facility Vacant

Accessibility None

County Rice

Property Type Commercial Sale

Contingency Inspection

Subdivision Name Village/Lonsdale

Directions Hwy 19 (Stop Light in Lonsdale) go North on Main St. building located on right side.

City Lonsdale

Buyer Agent Compensation 3.00

High School District Tri-City United

Zoning Description Business/Commercial

Total Units 7

Street Name Main

Land Lease Y/N N

Tax Annual Amount 3260

Additional Parcels Y/N N

Days on Market 42

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Full

Basement (Y/N) Y

Street Suffix Street

Foundation Dimensions 71 x 27

Fuel Natural Gas

Garage Dimensions 54 x 27

Garage Square Feet 1458

Exterior

Parking Features Gravel Paved

Water Source City Water/Connected

Inclusions Building Fixture/Equipment Land Leases

Lot Size Area 0.12

Building Area Total 3850

Lot Dimensions 37.5 x 140

Lot Size Units Square Feet

Foundation Area 1925

Road Frontage Type City Street County Road Paved Streets Sidewalks

Internal Only

Street Number 1 108

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

scottnaasz@kwcommercial.com

Affordability Calculator

$1,843

Per Month

Monthly Principal & Interest: $1,572
Monthly Property Taxes: $272
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 Lonsdale, MN

Average List Price ^$291,633

Percent of Sale Price 30%

About Lonsdale, MN

3,943 Population

129% Since 2002

^$73,173 Median Income

34.05 Median Age

51% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708761 Elementary School

708957 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/19/2024	$225,000		Listed Price

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108 Main Street S, Lonsdale, MN, 55046 is a Commercial Property for sale at $225,000 with 3,850 sqft and a lot size of 0.12. 108 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

*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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108 Main Street S

Commercial Property for sale in Lonsdale, MN

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