190 Country Club Road SW Melrose, MN $ 1,050,000
190 Country Club Road SW
$ 1,050,000
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190 Country Club Road SW

Melrose, MN, 56352
$ 1,050,000
Bedrooms-- Baths-- Sq 24,572

Monthly Estimate*

$ 7,252

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Commercial Property for sale in Melrose, MN

for $1,050,000. This 24,572 square foot building was built in 1995 on a lot size of 0.86.

Excellent opportunity to acquire a 100% occupied, professionally managed, 12-unit multi-family property at Country Club Estates in Melrose. The property features an attractive unit mix of 10 - two bedroom, two bath units and 2 - one bedroom, one bath plus den units. Each apartment includes an attached garage as part of the monthly rent, providing a desirable tenant amenity. Tenants are responsible for electric, including hot water, while the landlord pays cold water, sewer and refuse. Additional income is generated through on-site coin operated laundry. Significant recent capital improvements include new roofing and siding completed in 2025. Conveniently located near I-94 in the town of Melrose, approximately 30 minutes from both the St. Cloud metro and Alexandria Lakes Area, providing convenient access to two of Central Minnesota's key regional markets. This fully occupied, professionally managed multi-family investment offers a strong unit mix, tenant-paid utilities, attached garages, additional laundry income, and substantial recent exterior improvements. This building is located just a couple blocks from Meadowlark Country Club & Golf Course.

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Commercial Pending

Price

$ 1,050,000

Property Type

Commercial

Taxes

$ 12,578

Style

Lot Size

0.86

Year Built

1995

Town/City

Melrose

County/Region

Stearns

MLS | Web ID

7149205

Features
General
Sewer City Sewer/Connected
Heating Baseboard
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Age 8 Years or Less Architectural Shingle
Garage Spaces 12
Pool Features None
Construction Materials Frame
Year Built 1995
Tenant Pays Electricity Heat Hot Water
Topography Level
Levels Two
Tax Year 2026
Current Use Other
Gross Income 133851
Accessibility None
County Stearns
Net Operating Income 76173
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Meadowlark Acres II
Possible Use Other
Directions From I-94 take Exit 135 (Melrose) South on Co Rd 13 West on Country Club Rd
City Melrose
High School District Melrose
Zoning Description Residential-Multi-Family
Number Of Units Total 12
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 12578
Additional Parcels Y/N N
Standard Status Pending
Lender Owned No
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Exterior
Parking Features Attached Garage Asphalt Multiple Garages Parking Lot Paved Lot
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.86
Building Area Total 24572
Lot Dimensions 124x300
Waterfront Y/N N
Foundation Area 6840
Road Frontage Type City Street Paved Streets
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Fuel Electric
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Internal Only
Street Number 1 190
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* Excluded Features
List By
Edina Realty, Inc

Broker

dylanvogt@edinarealty.com

Email

Affordability Calculator

$8,300
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,252
Monthly Property Taxes
$1,048
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
709089 Elementary School
708767 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2026$1,050,000 Listed Price

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190 Country Club Road SW, Melrose, MN, 56352 is a Commercial Property for sale at $1,050,000 with 24,572 sqft and a lot size of 0.86. 190 Country Club Road SW was built in 1995. The property's zip code is 56352 which is in Melrose, MN