108 1st Avenue SW New London, MN ^$ 235,000

108 1st Avenue SW

^$ 235,000

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Recently Listed

108 1st Avenue SW

New London, MN, 56273

^$ 235,000

Studio Baths0.0 Sq 2,776

Monthly Estimate*

^$ 1,562

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View a Virtual Tour

Studio

Commercial Property for sale in New London, MN

for $235,000. This 2,776 square foot building was built in 1980 on a lot size of 0.47.

Riverside Pole Building in the heart of New London. Heated, insulated, sewer and water with concrete floors.... bonus cold storage building too! 52x40 shop and 24x28 old cold storage building. The main shop has a bathroom and a utility sink. Plumbed for air. Natural gas heat. Take advantage of the river frontage and the large lot! Just a well rounded and versatile building. Do not miss the virtual 3D tour and call to schedule a viewing today. City water and sewer connected.

Commercial Active

Price

^$ 235,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,648

Style

Mixed Use

Lot Size

0.47

Year Built

1980

Town/City

New London

County/Region

Kandiyohi

MLS | Web ID

6532329

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Utilities Electric Common

Roof Metal

Garage Spaces 6

Construction Materials Metal Siding

Year Built 1980

View North Panoramic River

Topography High Ground Rolling Sloped

Levels One

Property SubType Mixed Use

Tax Year 2023

Current Use Automotive Storage Facility Vacant

Waterfront Features River Front

Accessibility Partially Wheelchair

County Kandiyohi

Property Type Commercial Sale

Contingency None

Subdivision Name New London Town Of

Possible Use Agriculture Office Retail Service Station Shop Diversified Wholesale Operation

Directions west on 1st ave and just past noorwood the second and third shops on the right

City New London

Buyer Agent Compensation 2.70

Body of Water Crow River - Middle Fork

High School District New London-Spicer

Zoning Description Business/Commercial

NumberOfUnitsTotal 1

Lot Size Units Acres

Waterfront Y/N Y

Street Name 1st

Land Lease Y/N N

Tax Annual Amount 1648

Additional Parcels Y/N N

Virtual Tour https://my.matterport.com/show/?m=Po2pR5kwLZW&mls=1

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Asphalt Gravel Heated Garage

Lot Features Accessible Shoreline Tree Coverage - Medium

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 0.47

Building Area Total 2776

Lot Dimensions 160x140

Foundation Area 2776

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Interior

Basement (Y/N) N

Street Suffix Avenue

Foundation Dimensions 52x40

Fuel Natural Gas

Garage Dimensions 52x40

Garage Door Width 10

Garage Square Feet 2080

Lake Acres 0

Waterfront Feet 160

Internal Only

Street Number 1 108

* Excluded Features

List By

Edina Realty

Broker

PAFFRATH@EDINAREALTY.COM

Affordability Calculator

$1,699

Per Month

Monthly Principal & Interest: $1,562
Monthly Property Taxes: $137
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Commerical listings in New London, MN

Average List Price ^$453,400

Percent of Sale Price 93%

About New London, MN

1,271 Population

13% Since 2002

^$56,582 Median Income

41.9 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708765 Elementary School

709210 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/20/2024	$235,000		Listed Price

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108 1st Avenue SW, New London, MN, 56273 is a Commercial Property for sale at $235,000 with 2,776 sqft and a lot size of 0.47. 108 1st Avenue SW is a studio with 0.0 baths and was built in 1980. The property's zip code is 56273 which is in New London, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 6/3/2024.

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108 1st Avenue SW

Commercial Property for sale in New London, MN

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