145 Railway Street W Loretto, MN $ 1,200,000
145 Railway Street W
$ 1,200,000
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145 Railway Street W

Loretto, MN, 55357
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,288

145 Railway Street W, Loretto, MN 55357 - Image 1
145 Railway Street W, Loretto, MN 55357 - Image 2

Commercial Property for sale in Loretto, MN

for $1,200,000. This building was built in 2005 on a lot size of 0.26.

Here’s an excellent opportunity to own a well-positioned commercial property in the heart of Loretto. Built in 2005, this two-story building offers approximately 6,568 square feet of space with a functional layout, 11-foot ceiling heights, and dedicated parking, making it a strong fit for an owner-user, investor, or business looking for a professional location. The property sits on approximately 0.26 acres and is zoned Traditional Commercial, offering flexibility for a variety of commercial uses, such as restaurants, a gym, a retail shop, medical offices, professional offices, etc. Its downtown location puts businesses within easy reach of local restaurants, services, and other established businesses, while providing convenient access to County Road 19 and Highway 55. With approximately 3,284 square feet per floor, the building offers plenty of room for offices, professional services, or a business looking to establish a larger presence in the community. Whether you're looking to occupy the space yourself or add a commercial asset to your portfolio, 145 Railway St W offers a combination of location, size, accessibility, and long-term potential that's worth a closer look.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 26,807

Style

Lot Size

0.26

Year Built

2005

Town/City

Loretto

County/Region

Hennepin

MLS | Web ID

7155122

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common
Garage Spaces 4
Year Built 2005
Levels Two
Tax Year 2026
Current Use Office Professional Service
Gross Income 25200
Accessibility Partially Wheelchair
County Hennepin
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Loretto Center Add
Possible Use Office Professional Service Restaurant Retail Lounge/Bar Medical/Dental
Directions Coming West on Highway 55 take a left on Independence Regional Trail in about 0.8 miles make a right on Railway St W. Property will be on your left.
City Loretto
High School District Delano
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 26807
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Attached Garage
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.26
Lot Dimensions 11326
Waterfront Y/N N
Foundation Area 3284
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Interior
Basement (Y/N) N
Fuel Natural Gas
Garage Square Feet 0
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Internal Only
Street Number 1 145
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* Excluded Features
List By
Re/Max Results

Broker

dcorrea.realestate@gmail.com

Email

Affordability Calculator

$10,522
Per Month
79%
21%
0%
Monthly Principal & Interest
$8,288
Monthly Property Taxes
$2,234
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
709437 Elementary School
708373 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$1,200,000 Listed Price

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145 Railway Street W, Loretto, MN, 55357 is a Commercial Property for sale at $1,200,000 with a lot size of 0.26. 145 Railway Street W was built in 2005. The property's zip code is 55357 which is in Loretto, MN