130 Railway Street W Loretto, MN ^$ 850,000

130 Railway Street W

^$ 850,000

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130 Railway Street W

Loretto, MN, 55357

^$ 850,000

Studio Baths0.0 Sq 5,960

Monthly Estimate*

^$ 5,938

130 Railway Street W, Loretto, MN 55357 - Image 1

130 Railway Street W, Loretto, MN 55357 - Image 2

130 Railway Street W, Loretto, MN 55357 - Image 3

130 Railway Street W, Loretto, MN 55357 - Image 4

130 Railway Street W, Loretto, MN 55357 - Image 5

130 Railway Street W, Loretto, MN 55357 - Image 6

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130 Railway Street W, Loretto, MN 55357 - Image 9

130 Railway Street W, Loretto, MN 55357 - Image 10

Studio

Commercial Property for sale in Loretto, MN

for $850,000. This 5,960 square foot building was built in 1910 on a lot size of 0.26.

There is an exclusion to listing Fabulous opportunity to own a successful bar & restauraunt with great activity,2 bars upper & lower,old charm,currently "Pig on the Porch" open 5 days a week wed-Sun Additional income with pull tabs,great revenue! Also outdoor patio seating too!

Commercial Active

Price

^$ 850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,097

Style

Business

Lot Size

0.26

Year Built

1910

Town/City

Loretto

County/Region

Hennepin

MLS | Web ID

6468209

Features

General

Sewer City Sewer/Connected

Heating Baseboard Boiler Hot Water

Cooling Central Air

Utilities Electric Common Heating Common Hot Water Common

Appliances Double Oven Exhaust Fan Freezer Indoor Grill Range Refrigerator Stainless Steel Appliances Wall Oven Water Softener Owned

Garage Spaces 0

Construction Materials Brick/Stone

Year Built 1910

Tenant Pays All Utilities Cable TV Electricity Fuel Gas Insurance Janitorial Service

Property SubType Business

Tax Year 2024

Current Use Restaurant

Accessibility None

County Hennepin

Insurance Expense 1098

Property Type Commercial Sale

Contingency None

Subdivision Name Loretto

Possible Use Bar/Tavern

Directions County Road 19 south from hwy # 55 to Loretto approx 1 mile right on railway to property

City Loretto

Buyer Agent Compensation 2.70

High School District Delano

Zoning Description Business/Commercial

Total Units 1

Street Name Railway

Land Lease Y/N N

Tax Annual Amount 10097

Electric Expense 4000

Trash Expense 4300

Additional Parcels Y/N N

Days on Market 24

Standard Status Active

Lender Owned No

Amenities Unit Deck

Buyer Agent Compensation Type %

Interior

Basement Block Brick/Mortar Drainage System Concrete Stone/Rock Storage Space

Basement (Y/N) Y

Street Suffix Street

Ceiling Height 11-15

Foundation Dimensions 57x36

Fuel Natural Gas

Exterior

Parking Features Asphalt Off Site Paved

Water Source City Water/Connected

Inclusions Building Business Fixture/Equipment Land

Lot Size Area 0.26

Building Area Total 5960

Lot Dimensions Irregular

Lot Size Units Acres

Foundation Area 2052

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 130

* Excluded Features

List By

Coldwell Banker Realty

Broker

bryanpogue@cbburnet.com

Affordability Calculator

$6,779

Per Month

Monthly Principal & Interest: $5,938
Monthly Property Taxes: $841
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 Loretto, MN

Average List Price ^$1,274,500

Percent of Sale Price 50%

About Loretto, MN

580 Population

94% Since 2002

^$123,295 Median Income

42.34 Median Age

46% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709437 Elementary School

708373 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/1/2024	$795,000		Listed Price

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130 Railway Street W, Loretto, MN, 55357 is a Commercial Property for sale at $850,000 with 5,960 sqft and a lot size of 0.26. 130 Railway Street W is a studio with 0.0 baths and was built in 1910. The property's zip code is 55357 which is in Loretto, 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 4/30/2024.

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130 Railway Street W

Commercial Property for sale in Loretto, MN

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