312 Center Street E Hammond, MN $ 225,000
312 Center Street E
$ 225,000
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312 Center Street E

Hammond, MN, 55991
$ 225,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,554

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Commercial Property for sale in Hammond, MN

for $225,000. This building was built in 1910 on a lot size of 0.02.

Incredible turnkey investment opportunity in the picturesque Zumbro River Valley! This unique, well-maintained mixed-use building offers four distinct revenue streams. The upper level features two updated residential apartments: one occupied by an excellent long-term tenant and the second operating as a successful short-term vacation rental. The main level offers accessible commercial storefronts, including a complete commercial kitchen/cafe space and a separate office/bar setup. The building features recent mechanical, cosmetic, and utility updates throughout with separate meters in place. A massive double side lot with a built-in stage adds incredible expansion or event-hosting potential to capture heavy seasonal traffic from river recreationists, cyclists, and tourists.

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Commercial Active

Price

$ 225,000

Property Type

Commercial

Taxes

$ 1,632

Style

Lot Size

0.02

Year Built

1910

Town/City

Hammond

County/Region

Wabasha

MLS | Web ID

7087921

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 0
Year Built 1910
Tax Year 2025
Current Use Residential Retail
Accessibility Partially Wheelchair
County Wabasha
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name East Hammond
Directions Take US-52 N for 11 miles then take the MN-60 exit toward Zumbrota. Turn right onto MN-60 E and follow it for 17 miles. Turn right onto MN-47 S/MN-60 E then turn left onto County Rd 11/Center St. The
City Hammond
High School District Rochester
Zoning Description Business/Commercial
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 1632
Additional Parcels Y/N N
Standard Status Active
Lender Owned Not Disclosed
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Exterior
Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.02
Lot Dimensions 0.02
Waterfront Y/N N
Foundation Area 2200
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Interior
Basement (Y/N) N
Fuel Propane
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Internal Only
Street Number 1 312
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* Excluded Features
List By
Realty Growth Inc.

Broker

bucky@rgi-group.com

Email

Affordability Calculator

$1,690
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,554
Monthly Property Taxes
$136
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
708969 Elementary School
708343 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/5/2026$225,000 -10.00% Price Down
6/9/2026$250,000 Listed Price

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312 Center Street E, Hammond, MN, 55991 is a Commercial Property for sale at $225,000 with a lot size of 0.02. 312 Center Street E was built in 1910. The property's zip code is 55991 which is in Hammond, MN