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120 Main Street W New Prague, MN $ 427,000
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$ 427,000 Get more info
120 Main Street W
$ 427,000
Back to search
Share Save

120 Main Street W

New Prague, MN, 56071
$ 427,000
Baths0.0 Sq 1,360

Monthly Estimate*

$ 2,983

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Studio

Commercial Property for sale in New Prague, MN

for $427,000. This 1,360 square foot building was built in 1900 on a lot size of 0.15.

The ONLY downtown main street commercial property with a grass lot and fruit tree, perfect for an outdoor garden party for the community or inn guests. This historic building is filled with charm and character. The successful airbnb upstairs is the former telephone exchange for the city of New Prague and the decor details this rich history. The inn has two suites and a shared common space. The names of the suites are named after the original owners, Alex and Felix. It was carefully designed with style and comfort in mind. The original owners Alex and Felix ran the main floor as a barbershop in New Prague. It is now an established custom bakeshop that serves the community with stunning gourmet handmade baked goods. Sugar Rose Bakeshop has a long-term lease in place that WILL transfer over to the new owner of the building. Don't miss your chance to own this piece of history in downtown New Prague directly off main street.

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Commercial Active

Price

$ 427,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,829

Style

Lot Size

0.15

Year Built

1900

Town/City

New Prague

County/Region

Le Sueur

MLS | Web ID

6509183
Features
General
Sewer City Sewer/Connected
Heating Ductless Mini-Split Forced Air
Cooling Central Air Ductless Mini-Split
Utilities Electric Common Heating Common
Roof Age Over 8 Years Rubber
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays None
Levels Two
Tax Year 2024
Current Use Food Service Hotel/Motel Other
Gross Income 47400
Accessibility Fully Wheelchair Wheelchair Ramp(s)
County Le Sueur
Net Operating Income 32900
Operating Expense 11539
Insurance Expense 3684
Property Type Commercial Sale
Contingency None
Subdivision Name City Of New Prague
Directions Located directly on mainstream on the south side next to Edward Jones Building
City New Prague
Buyer Agent Compensation 2.70
High School District New Prague Area Schools
Zoning Description Business/Commercial
Total Units 3
Street Name Main
Land Lease Y/N N
Tax Annual Amount 1829
Electric Expense 3209
Fuel Expense 678
Water Sewer Expense 868
Additional Parcels Y/N N
Days on Market 1
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Full
Basement (Y/N) Y
Street Suffix Street
Ceiling Height 8-10
Fuel Electric
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Exterior
Parking Features Gravel Paved
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 0.15
Building Area Total 1360
Lot Dimensions 39x172
Lot Size Units Acres
Foundation Area 680
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Exp Realty

Broker

thethoughtfulrealtor@gmail.com

Email

Affordability Calculator

$3,135
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,983
Monthly Property Taxes
$152
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/27/2024$427,000 Listed Price

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120 Main Street W, New Prague, MN, 56071 is a Commercial Property for sale at $427,000 with 1,360 sqft and a lot size of 0.15. 120 Main Street W is a studio with 0.0 baths and was built in 1900. The property's zip code is 56071 which is in New Prague, MN

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