418 W Main Street Arlington, MN ^$ 450,000

418 W Main Street

^$ 450,000

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418 W Main Street

Arlington, MN, 55307

^$ 450,000

Studio Baths0.0 Sq 10,897

Monthly Estimate*

^$ 3,143

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Studio

Commercial Property for sale in Arlington, MN

for $450,000. This 10,897 square foot building was built in 1959 on a lot size of 0.42.

Spectacular commercial properties available in downtown Arlington! Offers 12,000+ square feet with 7 leased units including 4 commercial spaces and 3 residential apartments with room to expand. Sale includes buildings and vacant lot behind. Turn-key property with lots of updates throughout offers excellent cash flow!

Commercial Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 12,716

Style

Mixed Use

Lot Size

0.42

Year Built

1959

Town/City

Arlington

County/Region

Sibley

MLS | Web ID

6512414

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Separate Heating Separate Hot Water Separate

Roof Metal Rubber

Garage Spaces 0

Construction Materials Brick/Stone

Year Built 1959

Tenant Pays All Utilities

Property SubType Mixed Use

Tax Year 2024

Current Use Commercial Residential

Accessibility None

Additional Parcels Description 310107000

County Sibley

Property Type Commercial Sale

Contingency None

Directions Hwy 5 into Arlington East on Main Street to property

City Arlington

Buyer Agent Compensation 2.50

High School District Sibley East

Zoning Description Business/Commercial

Total Units 7

Street Name Main

Land Lease Y/N N

Tax Annual Amount 12716

Additional Parcels Y/N Y

Days on Market 2

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Block Partial

Basement (Y/N) Y

Street Suffix Street

Fuel Natural Gas

Exterior

Parking Features Gravel Asphalt

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.42

Building Area Total 10897

Lot Dimensions .42

Lot Size Units Acres

Foundation Area 1104

Road Frontage Type City Street

Internal Only

Street Number 1 418

* Excluded Features

List By

Re/Max Advantage Plus

Broker

lw@lwsold.com

Affordability Calculator

$4,203

Per Month

Monthly Principal & Interest: $3,143
Monthly Property Taxes: $1,060
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 Arlington, MN

Average List Price ^$230,480

Percent of Sale Price 49%

About Arlington, MN

2,197 Population

4% Since 2002

^$47,889 Median Income

37.75 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048762 Elementary School

3048456 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2024	$450,000		Listed Price

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418 W Main Street, Arlington, MN, 55307 is a Commercial Property for sale at $450,000 with 10,897 sqft and a lot size of 0.42. 418 W Main Street is a studio with 0.0 baths and was built in 1959. The property's zip code is 55307 which is in Arlington, 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 5/2/2024.

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418 W Main Street

Commercial Property for sale in Arlington, MN

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