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Sold
$290,000  (list price)
$290,000
/mo Edit
Commercial:  Apartments/Retail
Built 1900
0.68 acres
Hutchinson schools
MLS# 5614848
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    Property Description

    The opportunities are endless with this incredible investment property. Great downtown location close to shopping and dining. Full service salon and spa with everything in place including furniture, fixtures, decor, inventory, ect. Secluded & convenient office space located in back of building, nicely updated two bedroom apartment above. This business & investment property is set up and ready for you! Tons of potential for growth as well.

    Listing

    Contingency: None
    City: Hutchinson
    County: McLeod
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 55350
    Subdivision Name: South Half, Hutchinson

    Interior

    Finished Building Area: 5,228 ft2

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 10
    Air Conditioning: Central Air
    Foundation Size: 3,328 ft2
    Foundation Dimensions: 26x132
    Handicap Accessible: Doors 36"+, No Stairs External
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: Paved
    Shared Amenities: None
    Unit Amenities:
    • Ceiling Fan(s)
    • Natural Woodwork
    Road Frontage:
    • Highway
    • State Road
    Exterior Material: Brick/Stone
    Roof Details:
    • Flat
    • Pitched

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.68
    Geolocation: 44.8917292143, -94.3692687
    Inclusions: Business, Business Assets, Building, Inventory, Fixture/Equipment
    Lot Dimensions: 37 x 129
    Zoning: Business/Commercial

    Schools

    School District: 423
    District Phone: 320-587-2860

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $4,038
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,038
    Land Lease Amount: 0

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Beauty/Barber Shop
    • Commercial
    • Residential
    • Storage Facility
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.