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Active Contingent
$225,000
/mo Edit
Commercial:  Apartments/Retail
Built 1912
0.12 acres
Tri-City United schools
MLS# 6491054
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    Property Description

    Prime mixed-use listing in Lonsdale's Main Street area. Commercial building with ground-floor retail space and two upper-level apartments. Retail area includes three offices and a laundromat. Convenient rear alley access and ample parking for tenants. Ideal for investors or entrepreneurs looking to tap into this community.

    Listing

    Contingency: Inspection
    City: Lonsdale
    County: Rice
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 55046
    Subdivision Name: Village/Lonsdale

    Interior

    Ranges: Two
    Refrigerators: Two
    Appliances Included:
    • Range
    • Refrigerator
    • Water Softener Owned
    Basement Details: Full

    Exterior

    Garage Spaces: 1
    Garage Dimensions: 54 x 27
    Garage Size: 1,458 ft2
    Other Parking Spaces: 7
    Air Conditioning: Central Air, Window Unit(s)
    Foundation Size: 1,925 ft2
    Foundation Dimensions: 71 x 27
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Forced Air
    Parking Features:
    • Gravel
    • Paved
    Road Frontage:
    • City Street
    • County Road
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Brick/Stone
    • Wood Siding
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.12
    Geolocation: 44.48030200, -93.42803500
    Inclusions: Building, Fixture/Equipment, Land, Leases
    Lot Dimensions: 37.5 x 140
    Zoning: Business/Commercial

    Schools

    School District: 2905
    District Phone: 507-364-8100

    Expenses

    Tenant Expenses: Cable TV, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,260
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $803

    Units

    Total Units: 7

    Miscellaneous

    Current Use:
    • Commercial
    • Laundromat
    • Office
    • Professional Service
    • Professional/Office
    • Residential
    • Storage Facility
    • Vacant
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water 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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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.