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Active
$500,000
/mo Edit
Commercial:  2 Stories
Built 1870
0.4 acres
Jordan schools
MLS# 6505638
My rating:
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    Property Description

    Step In Opportunity for Live-Work Lifestyle PLUS income producing rental. Jordan Brick building Backs up to Sand creek with 2 tier back garden. Charming side garden area and lots of historic character. On National Historic Register. Parking in front of buildings, mature trees and sidewalks. Flexible sale of real estate and existing retail store. Can be purchased just for the real estate at listed price or with assets of the retail vintage and gift store and apartment furnishings. NUMEROUS Updates including NEW Boiler, Roof and renovation of 1 bedroom apartment. The LUXE Vintage retail store has been carefully curated and has a wide range of appeal to tourists and the local area. Brand name vintage art, furniture, decor, glassware, crystal and more. Exposed brick, high ceilings, would be great for restaurant, retail. Grants available from The City of Jordan. Great walkable location with the Mini Met, parks, splash pad and more.

    Listing

    Contingency: None
    City: Jordan
    County: Scott
    State: MN
    Property Style: 2 Stories
    Zip Code: 55352
    Subdivision Name: Nicolins Add

    Interior

    Ceiling Height: 8-10
    Ranges: Two
    Refrigerators: Three
    Appliances Included:
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    Basement Details:
    • Partial
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 12
    Air Conditioning: Wall Unit(s), Window Unit(s)
    Foundation Size: 2,490 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    • Radiator(s)
    Parking Features:
    • Off Site
    • On-Street Parking Only
    • Unassigned
    Shared Amenities:
    • Common Garden
    • Deck
    • Patio
    Unit Amenities:
    • Ceiling Fan(s)
    • Hardwood Floors
    • Kitchen Window
    • Patio
    • Tile Floors
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Brick/Stone
    Roof Details:
    • Age 8 Years or Less
    • Age Over 8 Years
    • Flat
    • Metal
    • Rubber

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Sand Creek
    DNR Lake ID#: S9999580
    WF Frontage: 100
    Elev Highpt to WF feet: 4-10
    Waterfront Slope: Gradual
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront: River Front

    Lot & Land

    Acres: 0.4
    Geolocation: 44.66516900, -93.62694600
    Inclusions: Building, Land
    Lot Dimensions: 100 x 95
    Addl Parcels: 220060020, 220060030
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family
    Lot Description:
    • Tree Coverage - Light
    • Zero Lot Line

    Farm

    Topography: Level, Sloped

    Schools

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

    Expenses

    Annual Electric Expense: $2,800
    Annual Insurance Expense: $6,600
    Annual Trash Expense: $450
    Annual Water/Sewer Expense: $2,150
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $2,920
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,920

    Units

    Total Units: 5

    Miscellaneous

    Current Use:
    • Office
    • Residential
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    • Heating Separate
    • Hot Water Common
    Water System:
    • City Water/Connected
    • Shared System

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    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 KILT Real Estate, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.