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$115,000  (list price)
$105,500
/mo Edit
Commercial:  Business Opportunity
Built 1925
0.08 acres
Tri-City United schools
MLS# 6571886
My rating:
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    Property Description

    Rare opportunity to purchase a commercial unit at an affordable price. This unit is currently being used as a salon and meets all state requirements of licensed salon including hard flooring, hair washing stations, a washer and dryer and additional room for supplies plus a large private office. There is ample room beyond the finished salon area to expand or use for storage. This building was built in 1925 and has so much history behind it. It can even be added to the historical sites if desired. The current owner has done many upgrades throughout the years including a brand new furnace and air conditioner in 2024. Electrical panel was updated and redone 7 years ago as well. This location is convenient for the public to access and has endless potential for your business needs. This a great building to spruce up and make your own!

    Listing

    Contingency: None
    City: Montgomery
    County: Le Sueur
    State: MN
    Property Style: Business Opportunity
    Zip Code: 56069
    Subdivision Name: City Of Montgomery

    Interior

    Appliances Included:
    • Dryer
    • Washer
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 1,930 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • Open
    Exterior Material:
    • Brick/Stone
    • Other

    Lot & Land

    Acres: 0.08
    Geolocation: 44.437039, -93.581511
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 26 x 134
    Zoning: Business/Commercial

    Schools

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

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $964
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,018

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Beauty/Barber Shop
    • Other
    • Professional/Office
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    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 Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.