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Active
$87,500
/mo Edit
Commercial:  Business Opportunity
Built 1900
0.03 acres
Glenwood City schools
MLS# 6499366
My rating:
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    Property Description

    Turn key commercial building with potential to convert the upper level offices into an apartment. Professionally remodeled and updated building offering 2 c/a units, 2 furnaces, a membrane roof that's just 10 years old, separate electric for main and 2nd levels, handicap bath and ramp on the main. WALKABLE to the courthouse, grocery store, bank, and brewery. Great exposure for retail and more. LIVE WORK and PLAY, as this location is close to the bike trail, root river, and ideal trout fishing holes. Upstairs currently has 2 office spaces, 1/2 bath and a dark room. Stairway to the upper level was previously enclosed. Property is ready for quick possession.

    Listing

    Contingency: None
    City: Preston Twp
    County: Fillmore
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55965
    Subdivision Name: Preston Original

    Interior

    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 10
    Air Conditioning: Central Air
    Foundation Size: 1,250 ft2
    Handicap Accessible: Fully Wheelchair
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Road Frontage: City Street
    Exterior Material: Brick/Stone
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.03
    Geolocation: 43.66984100, -92.08173500
    Inclusions: Building, Land
    Lot Dimensions: 25 x 160
    Zoning: Business/Commercial

    Schools

    School District: 2198
    District Phone: 507-765-3843

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $672
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $672

    Units

    Total Units: 1

    Miscellaneous

    Current Use: 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

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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 RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.