100 State Avenue N New Germany, MN $ 450,000
100 State Avenue N
$ 450,000
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100 State Avenue N

New Germany, MN, 55367
$ 450,000
Bedrooms-- Baths-- Sq 4,246

Monthly Estimate*

$ 2,695

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Commercial Property for sale in New Germany, MN

for $450,000. This 4,246 square foot building was built in 1915 on a lot size of 0.13.

Lucrative opportunity to invest in New Germany! 100 State Avenue is a 5 unit residential building that had complete interior renovation in 2010. Check out the interior pictures! Kitchens, bathrooms, electric, plumbing, flooring, doors, door jambs, WINDOWS, door and window frame molding. Separate forced air HVAC and separate electric and gas meters. Future expansion or storage space of 450 square feet on main level. Room for 12 parked cars. Slab for 2 car garage already there plumbed for future heated floor! Side yard with room for communal garden. This property is adjacent to the Dakota Rail Regional Trail. Amazing location. Amazing views. Come with siding ideas and watch your equity grow!

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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 5,250

Style

Apartment

Lot Size

0.13

Year Built

1915

Town/City

New Germany

County/Region

Carver

MLS | Web ID

6627984

Features
General
Sewer City Sewer - In Street
Heating Forced Air
Cooling Central Air
Utilities Electric Separate Hot Water Separate
Appliances Dishwasher Electric Water Heater Microwave Range Refrigerator Water Softener Owned
Garage Spaces 0
Construction Materials Steel Siding Stucco Wood Siding
Year Built 1915
Tenant Pays Electricity Gas
Levels Two
PropertySubType Apartment
Tax Year 2024
Current Use Residential
Gross Income 53760
Accessibility None
County Carver
Property Type Commercial Sale
Contingency None
Subdivision Name City Lts Of New Germany
Directions Hwy 7 to Hollywood MN South on County 33. Becomes State Avenue Property on right.
City New Germany
High School District Waconia
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 5
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5250
Additional Parcels Y/N N
Virtual Tour https://homecomingphoto.com/u/6w8
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors Kitchen Window Tile Floors
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Interior
Basement Unfinished
Basement (Y/N) Y
Ceiling Height 8-10
Fuel Natural Gas
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Exterior
Parking Features Gravel Parking Lot
Water Source City Water - In Street
Inclusions Building Leases
Lot Size Area 0.13
Building Area Total 4246
Lot Dimensions 135x133
Foundation Area 3770
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Internal Only
Street Number 1 100
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* Excluded Features
List By
Edina Realty, Inc.

Broker

jonathanspar@edinarealty.com

Email

Affordability Calculator

$3,133
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,695
Monthly Property Taxes
$438
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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
708882 Elementary School
708448 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/8/2024$450,000 Listed Price

Map


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100 State Avenue N, New Germany, MN, 55367 is a Commercial Property for sale at $450,000 with 4,246 sqft and a lot size of 0.13. 100 State Avenue N was built in 1915. The property's zip code is 55367 which is in New Germany, MN