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$759,900  (list price)
$733,000
/mo Edit
Commercial:  Apartments/Retail
Built 1920
0.12 acres
Jordan schools
MLS# 6005255
My rating:
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    Property Description

    Historical DT Jordan....close to new Microbrewery, Wine Distillery, Pickled Pig and many other attractions and events in the area. Close to Mill Pond Beach/10 Parks. Restored 1920's Comm./Res. (7235 sq. ft.) bldg. with 3 LG. Commercial Storefront Units (4404 sq. ft.), 4 LG (1) Bdrm. Apts. w/full Baths & a 54x9 Storage Space; Newer roof, New windows throughout bldg. HW Heaters; Appliances, (6) Furnaces; all HW Flooring. Property is available to show weekends w/48 hr. notice. Commercial Showings Saturdays after closing 5/6 p.m. and Sundays , 11:30 a.m. to 2:30 p.m. or later. Do not enter Commercial spaces or disturb Commercial Tenants during business hrs. Apartment Showings: Saturdays or Sundays 11:30 a.m. to 2:30 p.m. If Weekday showings are required for Commercial it will only be AFTER closing hours; Apt. Tenants have different work/ sleep schedules during the week. Msmts. from Architect's Site Plan.

    Listing

    Contingency: None
    City: Jordan
    County: Scott
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 55352

    Interior

    Appliances Included:
    • Gas Water Heater
    • Range
    • Refrigerator
    Total Ranges: Four
    Total Refrigerators: Four
    Basement Details:
    • Brick/Mortar
    • Crawl Space
    • Drainage System
    • Owner Access
    • Partial
    • Slab
    • Stone/Rock
    • Sump Pump

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air, Window Unit(s)
    Heating System:
    • Forced Air
    • Other
    Foundation Size: 4,404 ft2
    Handicap Accessible: Doors 36"+, Grab Bars In Bathroom, No Stairs External, Partially Wheelchair, Wheelchair Ramp(s), Roll Under Accessibility
    Shared Amenities: Deck
    Unit Amenities: Hardwood Floors
    Road Frontage:
    • City Street
    • County Road
    • Curbs
    • Other
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Brick/Stone
    • Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Age Over 8 Years
    • Flat
    • Pitched
    • Rubber

    Lot

    Acres: 0.12
    Geolocation: 44.66609072, -93.62636957
    Lot Dimensions: 56 X 94 X 56 x 95
    Dev/Complex Name: City Of Jordan
    Topography: Level
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 717
    District Phone: 952-492-6200

    Expenses

    Annual Insurance Expense: $1,971
    Annual Gross Expense: $13,866

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $6,613
    Assessment Pending: No
    Taxes w/ Assessments: $7,598

    Income

    Annual Gross Income: $78,288

    Rent

    Annual Net Income: $64,401

    Unit

    Total Units: 7

    Miscellaneous

    Current Use:
    • Professional/Office
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    • Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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